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ReShape Lifesciences NasdaqCM:RSLS Stock Report

Last Price

US$0.17

Market Cap

US$4.1m

7D

4.9%

1Y

-92.9%

Updated

07 May, 2024

Data

Company Financials +

ReShape Lifesciences Inc.

NasdaqCM:RSLS Stock Report

Market Cap: US$4.1m

ReShape Lifesciences Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ReShape Lifesciences
Historical stock prices
Current Share PriceUS$0.17
52 Week HighUS$2.80
52 Week LowUS$0.14
Beta1.3
1 Month Change3.45%
3 Month Change-12.91%
1 Year Change-92.92%
3 Year Change-99.93%
5 Year Change-99.97%
Change since IPO-100.00%

Recent News & Updates

Recent updates

It's A Story Of Risk Vs Reward With ReShape Lifesciences Inc. (NASDAQ:RSLS)

Apr 18
It's A Story Of Risk Vs Reward With ReShape Lifesciences Inc. (NASDAQ:RSLS)

ReShape wins FDA clearance for device used in weight loss surgery

Aug 10

Analysts Have Lowered Expectations For ReShape Lifesciences Inc. (NASDAQ:RSLS) After Its Latest Results

Mar 31
Analysts Have Lowered Expectations For ReShape Lifesciences Inc. (NASDAQ:RSLS) After Its Latest Results

Health Check: How Prudently Does ReShape Lifesciences (NASDAQ:RSLS) Use Debt?

Dec 09
Health Check: How Prudently Does ReShape Lifesciences (NASDAQ:RSLS) Use Debt?

Does ReShape Lifesciences (NASDAQ:RSLS) Have A Healthy Balance Sheet?

Aug 24
Does ReShape Lifesciences (NASDAQ:RSLS) Have A Healthy Balance Sheet?

Shareholder Returns

RSLSUS Medical EquipmentUS Market
7D4.9%-0.5%1.6%
1Y-92.9%-1.0%25.1%

Return vs Industry: RSLS underperformed the US Medical Equipment industry which returned -1% over the past year.

Return vs Market: RSLS underperformed the US Market which returned 25.1% over the past year.

Price Volatility

Is RSLS's price volatile compared to industry and market?
RSLS volatility
RSLS Average Weekly Movement9.6%
Medical Equipment Industry Average Movement7.8%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: RSLS has not had significant price volatility in the past 3 months.

Volatility Over Time: RSLS's weekly volatility has decreased from 15% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200229Paul Hickeywww.reshapelifesciences.com

ReShape Lifesciences Inc. provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. The company’s product portfolio includes Lap-Band System, a minimally invasive long-term treatment of severe obesity and more invasive surgical stapling procedures, such as the gastric bypass or sleeve gastrectomy; Lap-Band 2.0 System, an adjustable postoperatively to increase or decrease the pressure to the band in order to optimize an individual’s comfort and therapy effectiveness; and ReShape Calibration Tubes, that fits the lesser curvature of the stomach to reach the pylorus. It is also involved in developing ReShape Obalon Balloon System, consists of a swallowable capsule that tracks and displays the location of the balloon during placement; and ReShape Diabetes Bloc-Stim Neuromodulation (DBSN) device, a technology that is in development for the treatment of type 2 diabetes mellitus.

ReShape Lifesciences Inc. Fundamentals Summary

How do ReShape Lifesciences's earnings and revenue compare to its market cap?
RSLS fundamental statistics
Market capUS$4.08m
Earnings (TTM)-US$11.39m
Revenue (TTM)US$8.68m

0.5x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RSLS income statement (TTM)
RevenueUS$8.68m
Cost of RevenueUS$3.13m
Gross ProfitUS$5.55m
Other ExpensesUS$16.94m
Earnings-US$11.39m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin63.93%
Net Profit Margin-131.22%
Debt/Equity Ratio0%

How did RSLS perform over the long term?

See historical performance and comparison
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