Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Reviva Pharmaceuticals Holdings Inc (NASDAQ: RVPH) was $1.90 for the day, down -5.47% from the previous closing price of $2.01. In other words, the price has decreased by -$5.47 from its previous closing price. On the day, 1.69 million shares were traded. RVPH stock price reached its highest trading level at $2.045 during the session, while it also had its lowest trading level at $1.895.
Ratios:
Our analysis of RVPH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.39.
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, ROTH MKM on September 20, 2023, initiated with a Buy rating and assigned the stock a target price of $12.
On June 08, 2023, The Benchmark Company started tracking the stock assigning a Speculative Buy rating and target price of $17.
On January 24, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $10.H.C. Wainwright initiated its Buy rating on January 24, 2022, with a $10 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RVPH now has a Market Capitalization of 88500480 and an Enterprise Value of 27573776.
Stock Price History:
Over the past 52 weeks, RVPH has reached a high of $5.67, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is 30.82%, while the 200-Day Moving Average is calculated to be 15.04%.
Shares Statistics:
RVPH traded an average of 2.15M shares per day over the past three months and 3240210 shares per day over the past ten days. A total of 46.58M shares are outstanding, with a floating share count of 39.69M. Insiders hold about 14.79% of the company’s shares, while institutions hold 29.03% stake in the company. Shares short for RVPH as of 1730332800 were 5297424 with a Short Ratio of 4.10, compared to 1727654400 on 5467445. Therefore, it implies a Short% of Shares Outstanding of 5297424 and a Short% of Float of 18.59.
