Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Medicinova Inc (NASDAQ: MNOV) closed the day trading at $1.28 down -3.03% from the previous closing price of $1.32. In other words, the price has decreased by -$3.03 from its previous closing price. On the day, 67673.0 shares were traded. MNOV stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.28.
Ratios:
For a better understanding of MNOV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.86 and its Current Ratio is at 9.86. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In the most recent recommendation for this company, Maxim Group on March 10, 2021, initiated with a Buy rating and assigned the stock a target price of $15.
On March 28, 2018, B. Riley FBR Inc. started tracking the stock assigning a Buy rating and target price of $22.B. Riley FBR Inc. initiated its Buy rating on March 28, 2018, with a $22 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNOV now has a Market Capitalization of 62907196 and an Enterprise Value of 30471732. For the stock, the TTM Price-to-Sale (P/S) ratio is 241.94 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 118.145 whereas that against EBITDA is -2.282.
Stock Price History:
The Beta on a monthly basis for MNOV is 0.51, which has changed by -0.3230769 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, MNOV has reached a high of $2.20, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is -9.37%, while the 200-Day Moving Average is calculated to be -6.45%.
Shares Statistics:
Over the past 3-months, MNOV traded about 964.60K shares per day on average, while over the past 10 days, MNOV traded about 75150 shares per day. A total of 49.05M shares are outstanding, with a floating share count of 46.57M. Insiders hold about 5.24% of the company’s shares, while institutions hold 19.38% stake in the company. Shares short for MNOV as of 1764288000 were 465791 with a Short Ratio of 0.29, compared to 1761868800 on 756440. Therefore, it implies a Short% of Shares Outstanding of 465791 and a Short% of Float of 1.11.
Earnings Estimates
Currently, 1.0 analysts are dedicated to thoroughly evaluating and rating the performance of Medicinova Inc (MNOV) in the stock market.
Analysts are recommending an EPS of between -$0.5 and -$0.5 for the fiscal current year, implying an average EPS of -$0.5. EPS for the following year is -$0.38, with 1.0 analysts recommending between -$0.38 and -$0.38.
