In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of CervoMed Inc (NASDAQ: CRVO) was $10.71 for the day, down -25.05% from the previous closing price of $14.29. In other words, the price has decreased by -$25.05 from its previous closing price. On the day, 3.13 million shares were traded. CRVO stock price reached its highest trading level at $14.9678 during the session, while it also had its lowest trading level at $10.0701.
Ratios:
Our analysis of CRVO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 11.11 and its Current Ratio is at 11.11. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 27 ’24 when ELDER WILLIAM ROBERT bought 1,000 shares for $18.16 per share. The transaction valued at 18,160 led to the insider holds 1,267 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRVO now has a Market Capitalization of 93206128 and an Enterprise Value of 54284100. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.57 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 5.574.
Stock Price History:
The Beta on a monthly basis for CRVO is -0.63, which has changed by -0.4848485 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, CRVO has reached a high of $25.92, while it has fallen to a 52-week low of $1.80. The 50-Day Moving Average of the stock is 208.82%, while the 200-Day Moving Average is calculated to be 0.73%.
Shares Statistics:
CRVO traded an average of 4.53M shares per day over the past three months and 26730120 shares per day over the past ten days. A total of 8.70M shares are outstanding, with a floating share count of 5.64M. Insiders hold about 35.20% of the company’s shares, while institutions hold 17.08% stake in the company. Shares short for CRVO as of 1740700800 were 904729 with a Short Ratio of 0.20, compared to 1738281600 on 1040551. Therefore, it implies a Short% of Shares Outstanding of 904729 and a Short% of Float of 16.91.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
