Institutional Investors Love Cas Medical Systems Inc (NASDAQ:CASM)

September 16, 2018 - By Jack Shaw

CAS Medical Systems, Inc. (NASDAQ:CASM) Logo

Sentiment for Cas Medical Systems Inc (NASDAQ:CASM)

Cas Medical Systems Inc (NASDAQ:CASM) institutional sentiment increased to 1.67 in Q2 2018. Its up 0.27, from 1.4 in 2018Q1. The ratio is more positive, as 10 hedge funds increased and started new positions, while 6 sold and decreased stakes in Cas Medical Systems Inc. The hedge funds in our partner’s database now possess: 6.98 million shares, up from 6.50 million shares in 2018Q1. Also, the number of hedge funds holding Cas Medical Systems Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 2 Increased: 4 New Position: 6.

CAS Medical Systems, Inc., a non-invasive cerebral oximetry technology company, develops, makes, and markets non-invasive patient monitoring products worldwide. The company has market cap of $55.84 million. The Company's FORE-SIGHT® Absolute Cerebral Oximeter provides non-invasive and continuous measurement of absolute cerebral tissue oxygenation in the brain for patients during critical care. It currently has negative earnings. The firm provides FORE-SIGHT tissue oximeter monitors, sensors, and accessories.

The stock decreased 2.43% or $0.05 during the last trading session, reaching $2.01. About 50,969 shares traded. CAS Medical Systems, Inc. (NASDAQ:CASM) has risen 139.82% since September 16, 2017 and is uptrending. It has outperformed by 124.20% the S&P500.

Analysts await CAS Medical Systems, Inc. (NASDAQ:CASM) to report earnings on November, 8. They expect $-0.07 EPS, down 600.00 % or $0.06 from last year’s $-0.01 per share. After $-0.08 actual EPS reported by CAS Medical Systems, Inc. for the previous quarter, Wall Street now forecasts -12.50 % EPS growth.

Acuta Capital Partners Llc holds 1.83% of its portfolio in CAS Medical Systems, Inc. for 5.26 million shares. Eam Investors Llc owns 400,249 shares or 0.12% of their US portfolio. Moreover, Penbrook Management Llc has 0.04% invested in the company for 22,400 shares. The Georgia-based Advisory Services Network Llc has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 84,091 shares.

Since January 1, 0001, it had 0 buys, and 3 insider sales for $41,000 activity.

CAS Medical Systems, Inc. (NASDAQ:CASM) Institutional Positions Chart

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