Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.89 in the prior trading day, enVVeno Medical Corporation (NASDAQ: NVNO) closed at $0.9, up 1.19%. In other words, the price has increased by $1.19 from its previous closing price. On the day, 1.95 million shares were traded. NVNO stock price reached its highest trading level at $0.9587 during the session, while it also had its lowest trading level at $0.9.
Ratios:
Our goal is to gain a better understanding of NVNO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.81 and its Current Ratio is at 11.81. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 Dec 31 ’24 when Duhay Francis bought 81,433 shares for $3.07 per share. The transaction valued at 249,999 led to the insider holds 102,344 shares of the business.
Gray Robert bought 3,500 shares of NVNO for $10,290 on Dec 31 ’24. The Director now owns 11,155 shares after completing the transaction at $2.94 per share. On Dec 24 ’24, another insider, Shrivastava Sanjay, who serves as the Director of the company, bought 5,400 shares for $2.90 each. As a result, the insider paid 15,660 and bolstered with 9,288 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVNO now has a Market Capitalization of 17401304 and an Enterprise Value of -16858660.
Stock Price History:
The Beta on a monthly basis for NVNO is 0.87, which has changed by -0.829434 over the last 52 weeks, in comparison to a change of 0.1590569 over the same period for the S&P500. Over the past 52 weeks, NVNO has reached a high of $5.70, while it has fallen to a 52-week low of $0.89. The 50-Day Moving Average of the stock is -77.86%, while the 200-Day Moving Average is calculated to be -73.52%.
Shares Statistics:
The stock has traded on average 621.80K shares per day over the past 3-months and 3444580 shares per day over the last 10 days, according to various share statistics. A total of 19.25M shares are outstanding, with a floating share count of 19.07M. Insiders hold about 0.93% of the company’s shares, while institutions hold 27.24% stake in the company. Shares short for NVNO as of 1755216000 were 496017 with a Short Ratio of 0.80, compared to 1752537600 on 462837. Therefore, it implies a Short% of Shares Outstanding of 496017 and a Short% of Float of 2.5999999.
