Market Recap Check: Movano Inc (MOVE)’s Positive Finish at 0.77, Up/Down 18.46

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The price of Movano Inc (NASDAQ: MOVE) closed at $0.77 in the last session, up 18.46% from day before closing price of $0.65. In other words, the price has increased by $18.46 from its previous closing price. On the day, 0.19 million shares were traded. MOVE stock price reached its highest trading level at $0.7854 during the session, while it also had its lowest trading level at $0.633.

Ratios:

We take a closer look at MOVE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 3.02. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.07.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MOVE now has a Market Capitalization of 5418451 and an Enterprise Value of -1795546. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.36 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at -1.773 whereas that against EBITDA is 0.075.

Stock Price History:

The Beta on a monthly basis for MOVE is 0.79, which has changed by -0.8700422 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, MOVE has reached a high of $6.97, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is -3.60%, while the 200-Day Moving Average is calculated to be -78.69%.

Shares Statistics:

According to the various share statistics, MOVE traded on average about 361.13K shares per day over the past 3-months and 351630 shares per day over the past 10 days. A total of 6.84M shares are outstanding, with a floating share count of 5.38M. Insiders hold about 23.58% of the company’s shares, while institutions hold 18.70% stake in the company. Shares short for MOVE as of 1748563200 were 409274 with a Short Ratio of 1.13, compared to 1745971200 on 77459. Therefore, it implies a Short% of Shares Outstanding of 409274 and a Short% of Float of 6.25.