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Realtime updates for IRIDEX Corp [IRIX]

Exchange: NASDAQ Sector: Healthcare Industry: Medical Devices
Last Updated18 Apr 2024 @ 16:00

-5.03% $ 3.02

Live Chart Being Loaded With Signals

Commentary (18 Apr 2024 @ 16:00):
Profile picture for IRIDEX Corp

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology...

Stats
Today's Volume 38 069.00
Average Volume 34 791.00
Market Cap 49.08M
EPS $0 ( 2024-03-26 )
Next earnings date ( $-0.120 ) 2024-05-09
Last Dividend $0 ( N/A )
Next Dividend $0 ( N/A )
P/E -5.12
ATR14 $0.0340 (1.14%)
Insider Trading
Date Person Action Amount type
2023-09-19 Mercer Patrick Buy 115 000 Stock Option (Right to buy)
2023-06-14 Shuda Scott Buy 39 267 Common Stock
2023-06-14 Ludlum Ken Buy 39 267 Common Stock
2023-06-14 Grove Robert Earle Buy 39 267 Common Stock
2023-06-14 Huss Beverly A Buy 39 267 Common Stock
INSIDER POWER
98.40
Last 95 transactions
Buy: 1 370 143 | Sell: 45 959

Volume Correlation

Long: -0.13 (neutral)
Short: -0.94 (very strong negative)
Signal:(37.25) Neutral

IRIDEX Corp Correlation

10 Most Positive Correlations
APOP0.953
RMRM0.927
GAINL0.885
CMLF0.847
ISNS0.835
FEYE0.832
SPRT0.823
TLGT0.823
PAIC0.818
SVAC0.817
10 Most Negative Correlations
MMAC-0.909
BOCH-0.904
NETE-0.852
DSPG-0.843
AMRB-0.83

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

IRIDEX Corp Correlation - Currency/Commodity

The country flag -0.88
( strong negative )
The country flag -0.86
( strong negative )
The country flag 0.00
( neutral )
The country flag -0.68
( moderate negative )
The country flag 0.38
( neutral )
The country flag 0.48
( neutral )

IRIDEX Corp Financials

Annual 2023
Revenue: $51.87M
Gross Profit: $21.47M (41.40 %)
EPS: $-0.590
Q4 2023
Revenue: $12.46M
Gross Profit: $4.80M (38.55 %)
EPS: $-0.180
Q3 2023
Revenue: $12.85M
Gross Profit: $5.62M (43.74 %)
EPS: $-0.110
Q2 2023
Revenue: $12.86M
Gross Profit: $5.36M (41.72 %)
EPS: $-0.170

Financial Reports:

No articles found.

IRIDEX Corp

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser photocoagulation systems, which are used for the treatment of diabetic macular edema and other retinal diseases; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. It offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform MicroPulse transscleral laser therapy; G-Probe, which is used in procedures to treat uncontrolled glaucoma; G-Probe and G-Probe Illuminate, which are used in procedures to treat refractory glaucoma; and EndoProbe family of products for use in vitrectomy procedures. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics. It markets its products through direct and independent sales force in the United States, as well as through independent distributors internationally. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.

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