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The closing price of Medicinova Inc (NASDAQ: MNOV) was $2.01 for the day, down -3.37% from the previous closing price of $2.08. In other words, the price has decreased by -$3.37 from its previous closing price. On the day, 50437.0 shares were traded. MNOV stock price reached its highest trading level at $2.08 during the session, while it also had its lowest trading level at $2.0.
Ratios:
Our analysis of MNOV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 16.66 and its Current Ratio is at 16.66. 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 addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 98582864 and an Enterprise Value of 45664104. Its current Enterprise Value per Revenue stands at 45.664 whereas that against EBITDA is -4.661.
Stock Price History:
Over the past 52 weeks, MNOV has reached a high of $2.55, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 8.50%, while the 200-Day Moving Average is calculated to be 32.94%.
Shares Statistics:
MNOV traded an average of 81.32K shares per day over the past three months and 78040 shares per day over the past ten days. A total of 49.05M shares are outstanding, with a floating share count of 46.48M. Insiders hold about 5.24% of the company’s shares, while institutions hold 19.01% stake in the company. Shares short for MNOV as of 1730332800 were 182203 with a Short Ratio of 4.33, compared to 1727654400 on 196805. Therefore, it implies a Short% of Shares Outstanding of 182203 and a Short% of Float of 0.43.
