Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
CervoMed Inc (NASDAQ: CRVO) closed the day trading at $9.48 up 11.53% from the previous closing price of $8.50. In other words, the price has increased by $11.53 from its previous closing price. On the day, 1.05 million shares were traded. CRVO stock price reached its highest trading level at $9.6865 during the session, while it also had its lowest trading level at $8.36.
Ratios:
For a better understanding of CRVO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.11 and its Current Ratio is at 11.11. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 Aug 27 ’24 when ELDER WILLIAM ROBERT bought 1,000 shares for $18.16 per share. The transaction valued at 18,160 led to the insider holds 1,267 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRVO now has a Market Capitalization of 82501784 and an Enterprise Value of 43579756. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.47 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 4.475.
Stock Price History:
The Beta on a monthly basis for CRVO is 0.62, which has changed by -0.58237886 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, CRVO has reached a high of $25.92, while it has fallen to a 52-week low of $1.80. The 50-Day Moving Average of the stock is 137.50%, while the 200-Day Moving Average is calculated to be -8.99%.
Shares Statistics:
Over the past 3-months, CRVO traded about 4.68M shares per day on average, while over the past 10 days, CRVO traded about 4885900 shares per day. A total of 8.70M shares are outstanding, with a floating share count of 5.64M. Insiders hold about 35.20% of the company’s shares, while institutions hold 17.08% stake in the company. Shares short for CRVO as of 1741910400 were 2633846 with a Short Ratio of 0.56, compared to 1739491200 on 966031. Therefore, it implies a Short% of Shares Outstanding of 2633846 and a Short% of Float of 45.419997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
