Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Reviva Pharmaceuticals Holdings Inc (NASDAQ: RVPH) was $0.53 for the day, down -5.94% from the previous closing price of $0.56. In other words, the price has decreased by -$5.94 from its previous closing price. On the day, 0.84 million shares were traded. RVPH stock price reached its highest trading level at $0.55 during the session, while it also had its lowest trading level at $0.4878.
Ratios:
Our analysis of RVPH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.57 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, ROTH MKM on September 20, 2023, initiated with a Buy rating and assigned the stock a target price of $12.
On June 08, 2023, The Benchmark Company started tracking the stock assigning a Speculative Buy rating and target price of $17.
On January 24, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $10.H.C. Wainwright initiated its Buy rating on January 24, 2022, with a $10 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, RVPH now has a Market Capitalization of 24772146 and an Enterprise Value of 26420398.
Stock Price History:
The Beta on a monthly basis for RVPH is 0.22, which has changed by -0.8539945 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, RVPH has reached a high of $4.28, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -62.28%, while the 200-Day Moving Average is calculated to be -60.30%.
Shares Statistics:
RVPH traded an average of 1.50M shares per day over the past three months and 1214260 shares per day over the past ten days. A total of 46.58M shares are outstanding, with a floating share count of 41.78M. Insiders hold about 10.62% of the company’s shares, while institutions hold 22.12% stake in the company. Shares short for RVPH as of 1741910400 were 2849403 with a Short Ratio of 1.89, compared to 1739491200 on 4249301. Therefore, it implies a Short% of Shares Outstanding of 2849403 and a Short% of Float of 6.84.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0