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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.63 million shares were traded. NVRO stock price reached its highest trading level at $3.94 during the session, while it also had its lowest trading level at $3.68.
Ratios:
For a deeper understanding of Nevro Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.76 and its Current Ratio is at 5.02. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.76.
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, Wells Fargo on December 03, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $5.
On December 02, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $9 to $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVRO now has a Market Capitalization of 139019632 and an Enterprise Value of 108915720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 0.26 whereas that against EBITDA is -1.488.
Stock Price History:
Over the past 52 weeks, NVRO has reached a high of $21.66, while it has fallen to a 52-week low of $3.52. The 50-Day Moving Average of the stock is -16.84%, while the 200-Day Moving Average is calculated to be -51.19%.
Shares Statistics:
For the past three months, NVRO has traded an average of 498.60K shares per day and 426590 over the past ten days. A total of 37.44M shares are outstanding, with a floating share count of 35.35M. Insiders hold about 5.61% of the company’s shares, while institutions hold 99.54% stake in the company. Shares short for NVRO as of 1734048000 were 2868251 with a Short Ratio of 5.75, compared to 1731628800 on 2616949. Therefore, it implies a Short% of Shares Outstanding of 2868251 and a Short% of Float of 8.8199995.
