Staar Surgical - Chart Of The Day -

Staar Surgical – Chart Of The Day

Aug 06, 2018Jeremy ParkinsonFinance0

The Barchart Chart of the Day belongs to Staar Surgical (STAA).

Staar Surgical Company has evolved to become a developer, manufacturer and global distributor of products used by ophthalmologists and other eye care professionals to improve or correct vision in patients suffering from refractive conditions, cataracts and glaucoma.

Barchart technical indicators:

100% technical buy signal

232.50+ Weighted Alpha

280.36% gain in the last year

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

Relative Strength Index 71.69%

Technical support level at 36.74

Recently traded at 39.55 with a 50 day moving average of 31.77

Fundamental factors:

Market Cap $1.59 billion

P/E 227.94

Revenue expected to grow 29.50% this year and another 16.70% next year

Earnings estimated to increase 160.00% this year, an additional 733.30% next year and continue to compound at an annual rate of 25.00% for the next 5 years

Wall Street analysts have 2 strong buy, 1 buy and 2 hold recommendations in place on the stock