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IRIDEX Corporation

IRIX | US

1.00

USD

-0.04

-3.86%

IRIX | US
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About IRIDEX Corporation

Sector

Healthcare

Industry

Medical Devices

Earnings date

30/06/2024

As of date

10/04/2026

Close

1.00

Open

1.03

High

1.03

Low

1.00

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 systems which are used for the treatment of retinal disorders; 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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IRIX | US

Risk
96.9
Sharpe
0.17
Luna's Score
39/100
Recommendation
Sell

Luna says (IRIX | US)

What's Working

Low Market Beta (-0.4 to 0.8)

Low Debt to Asset (< 0.2)

What's not Working

Price Below SMA10D

High Short-term Volatility

High 6-Month Volatility (>65%)

Microcap (<300M USD)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

142.7%

1 month

96.9%

3 months

93.0%

6 months

81.5%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

6.31

Debt to equity

0.54

Debt to assets

0.07

Ent. to EBITDA

-3.61

Ent. to rev.

0.50

PEG

-0.44

Other Fundamentals

EBITDA

-9.93M

MarketCap

16.63M

MarketCap(USD)

16.63M

Div. yield

-

Op. margin

-20.89

Erngs. growth

-

Rev. growth

-1.70

Ret. on equity

-122.71

Short ratio

16.66

Short perc.

1.89

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

0.27

Range1M

0.47

Range3M

0.70

Volumes: Market Activity

Volume Averages

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Rel. volume

0.39

Price X volume

229.42K

Peers

Name
Ticker
Industry
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Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
IceCure Medical Ltd. Ordinary SharesICCMMedical Devices0.323316.01M-4.91%n/a4.90%
PetVivo Holdings IncPETVMedical Devices0.732514.65M4.64%n/a140.65%
TELA BIO INCTELAMedical Devices0.567414.02M-4.73%n/a1442.09%
Guided Therapeutics IncGTHPMedical Devices0.213.97M-16.60%n/a0.00%
INBSINBSMedical Devices2.4610.45M-3.53%n/a10.46%
Femasys Inc. Common StockFEMYMedical Instruments & Supplies0.3978.83M0.46%n/a62.78%
Inspira Technologies OXY B.H.N. LtdIINNMedical Devices0.42497.86M4.40%n/a10.25%
Helius Medical Technologies IncHSDTMedical Devices1.896.76M0.00%n/a0.55%
Vivos Therapeutics IncVVOSMedical Devices1.215.77M4.31%n/a27.79%
Tivic Health Systems Inc. Common StockTIVCMedical Devices0.93085.76M-3.04%0.020.00%
  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-3.6146.09Cheaper
Ent. to Revenue0.5014.34Cheaper
PE Ratio-30.41-
Price to Book6.316.21Par
Dividend Yield-1.78-
Std. Deviation (3M)93.0064.12Riskier
Debt to Equity0.54-145.53Expensive
Debt to Assets0.070.35Cheaper
Market Cap16.63M9.70BEmerging
  • 1

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