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The closing price of Organovo Holdings Inc (NASDAQ: ONVO) was $0.39 for the day, up 7.50% from the previous closing price of $0.36. In other words, the price has increased by $7.50 from its previous closing price. On the day, 0.14 million shares were traded. ONVO stock price reached its highest trading level at $0.39 during the session, while it also had its lowest trading level at $0.35.
Ratios:
Our analysis of ONVO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.72 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.18.
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, H.C. Wainwright on December 13, 2018, initiated with a Buy rating and assigned the stock a target price of $2.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONVO now has a Market Capitalization of 5946564 and an Enterprise Value of 3945574. For the stock, the TTM Price-to-Sale (P/S) ratio is 59.50 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 38.307 whereas that against EBITDA is -0.316.
Stock Price History:
The Beta on a monthly basis for ONVO is 0.55, which has changed by -0.61764705 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, ONVO has reached a high of $1.74, while it has fallen to a 52-week low of $0.32. The 50-Day Moving Average of the stock is -4.02%, while the 200-Day Moving Average is calculated to be -39.79%.
Shares Statistics:
ONVO traded an average of 204.81K shares per day over the past three months and 243730 shares per day over the past ten days. A total of 15.37M shares are outstanding, with a floating share count of 15.07M. Insiders hold about 1.90% of the company’s shares, while institutions hold 15.88% stake in the company. Shares short for ONVO as of 1735603200 were 52326 with a Short Ratio of 0.26, compared to 1732838400 on 106326. Therefore, it implies a Short% of Shares Outstanding of 52326 and a Short% of Float of 0.34999999.
