Semler Scientific (NASDAQ:SMLR) Shares Gap Up – Should You Buy?

Semler Scientific, Inc. (NASDAQ:SMLR) gapped up before the market opened on Tuesday . The stock had previously closed at $61.66, but opened at $63.91. Semler Scientific shares last traded at $65.75, with a volume of 76,186 shares traded.

Semler Scientific Trading Up 8.2 %

The firm’s fifty day moving average price is $48.65 and its 200-day moving average price is $36.40. The company has a market cap of $618.39 million, a price-to-earnings ratio of 32.55 and a beta of 1.18.

Semler Scientific (NASDAQ:SMLR) last released its quarterly earnings results on Monday, November 4th. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.35. Semler Scientific had a return on equity of 20.31% and a net margin of 27.00%. The company had revenue of $13.51 million for the quarter.

Institutional Investors Weigh In On Semler Scientific

Large investors have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. acquired a new position in Semler Scientific in the 2nd quarter worth $34,000. Quest Partners LLC bought a new stake in shares of Semler Scientific in the second quarter valued at about $59,000. Meeder Asset Management Inc. acquired a new position in shares of Semler Scientific during the second quarter worth about $67,000. US Bancorp DE grew its holdings in shares of Semler Scientific by 60.8% during the third quarter. US Bancorp DE now owns 3,064 shares of the company’s stock worth $72,000 after buying an additional 1,158 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in Semler Scientific in the 3rd quarter valued at approximately $104,000. Institutional investors own 49.37% of the company’s stock.

Semler Scientific Company Profile

Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company’s products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient’s vascular condition.