Hyperfine, Inc. is a health technology company. The Company provides a Swoop Portable Magnetic Resonance Imaging System (Swoop system), which is a portable magnetic resonance imaging (MRI) system capable of providing neuroimaging at the point of care. Its Swoop system produces images at a lower magnetic field strength than conventional MRI scanners. The Swoop system is a portable, ultra-low-field (ULF) MRI device for producing images that display the internal structures of the head where full diagnostic examination is not clinically practical. MRI is used in various clinical settings for medical diagnosis, the staging of disease, and follow-up treatment. It has designed Swoop system to address an unmet need in point-of-care medical imaging through a combination of hardware and artificial intelligence (AI)-powered software services. The Company’s system operates from a Wi-Fi-capable tablet and integrates with picture archiving and communication systems (PACS).
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 89.17% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 12.89M.
Undervalued
The company’s latest PE is -2.75, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 12.05M shares, decreasing 22.20% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 3.32M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.38.