Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Nevro Corp (NYSE: NVRO) closed at $4.27 down -7.17% from its previous closing price of $4.60. In other words, the price has decreased by -$7.17 from its previous closing price. On the day, 0.54 million shares were traded. NVRO stock price reached its highest trading level at $4.5299 during the session, while it also had its lowest trading level at $4.21.
Ratios:
For a deeper understanding of Nevro Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.76 and its Current Ratio is at 5.02. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on Dec-03-24, Downgraded its rating to Underweight and sets its target price to $4 from $9 previously.
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 160003728 and an Enterprise Value of 129899824. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.31 whereas that against EBITDA is -1.775.
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 $3.95. The 50-Day Moving Average of the stock is -13.97%, while the 200-Day Moving Average is calculated to be -51.55%.
Shares Statistics:
For the past three months, NVRO has traded an average of 541.92K shares per day and 580050 over the past ten days. A total of 37.44M shares are outstanding, with a floating share count of 35.35M. Insiders hold about 5.67% of the company’s shares, while institutions hold 96.35% stake in the company. Shares short for NVRO as of 1731628800 were 2616949 with a Short Ratio of 4.83, compared to 1728950400 on 3130797. Therefore, it implies a Short% of Shares Outstanding of 2616949 and a Short% of Float of 8.05.
