Analytical Lens: Exploring Nevro Corp (NVRO)’s Financial Story Through Ratios

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The closing price of Nevro Corp (NYSE: NVRO) was $5.32 for the day, up 4.72% from the previous closing price of $5.08. In other words, the price has increased by $4.72 from its previous closing price. On the day, 0.97 million shares were traded. NVRO stock price reached its highest trading level at $5.34 during the session, while it also had its lowest trading level at $4.82.

Ratios:

Our analysis of NVRO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.53 and its Current Ratio is at 4.77. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.75.

Wells Fargo Downgraded its Equal Weight to Underweight on August 07, 2024, whereas the target price for the stock was revised from $13 to $5.50.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVRO now has a Market Capitalization of 198346624 and an Enterprise Value of 167311440. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.393 whereas that against EBITDA is -1.98.

Stock Price History:

Over the past 52 weeks, NVRO has reached a high of $22.64, while it has fallen to a 52-week low of $4.38. The 50-Day Moving Average of the stock is 1.59%, while the 200-Day Moving Average is calculated to be -45.11%.

Shares Statistics:

NVRO traded an average of 530.59K shares per day over the past three months and 579310 shares per day over the past ten days. A total of 36.36M shares are outstanding, with a floating share count of 35.17M. Insiders hold about 5.67% of the company’s shares, while institutions hold 100.30% stake in the company. Shares short for NVRO as of 1728950400 were 3130797 with a Short Ratio of 5.90, compared to 1726185600 on 2927097. Therefore, it implies a Short% of Shares Outstanding of 3130797 and a Short% of Float of 9.68.

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