In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
enVVeno Medical Corporation (NASDAQ: NVNO) closed the day trading at $0.79 up 1.12% from the previous closing price of $0.78. In other words, the price has increased by $1.12 from its previous closing price. On the day, 0.6 million shares were traded. NVNO stock price reached its highest trading level at $0.8 during the session, while it also had its lowest trading level at $0.7621.
Ratios:
For a better understanding of NVNO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.81 and its Current Ratio is at 11.81. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 31 ’24 when Duhay Francis bought 81,433 shares for $3.07 per share. The transaction valued at 249,999 led to the insider holds 102,344 shares of the business.
Gray Robert bought 3,500 shares of NVNO for $10,290 on Dec 31 ’24. The Director now owns 11,155 shares after completing the transaction at $2.94 per share. On Dec 24 ’24, another insider, Shrivastava Sanjay, who serves as the Director of the company, bought 5,400 shares for $2.90 each. As a result, the insider paid 15,660 and bolstered with 9,288 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVNO now has a Market Capitalization of 15184038 and an Enterprise Value of -19075930.
Stock Price History:
The Beta on a monthly basis for NVNO is 0.92, which has changed by -0.84797686 over the last 52 weeks, in comparison to a change of 0.20221436 over the same period for the S&P500. Over the past 52 weeks, NVNO has reached a high of $5.70, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is -78.96%, while the 200-Day Moving Average is calculated to be -76.42%.
Shares Statistics:
Over the past 3-months, NVNO traded about 758.47K shares per day on average, while over the past 10 days, NVNO traded about 2584860 shares per day. A total of 19.25M shares are outstanding, with a floating share count of 19.07M. Insiders hold about 0.93% of the company’s shares, while institutions hold 27.50% stake in the company. Shares short for NVNO as of 1755216000 were 496017 with a Short Ratio of 0.65, compared to 1752537600 on 462837. Therefore, it implies a Short% of Shares Outstanding of 496017 and a Short% of Float of 2.5999999.
