Stock Surge: Nevro Corp (NVRO) Closes at 5.59, Marking a -3.45 Increase/Decrease

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In the latest session, Nevro Corp (NYSE: NVRO) closed at $5.59 down -3.45% from its previous closing price of $5.79. In other words, the price has decreased by -$3.45 from its previous closing price. On the day, 0.56 million shares were traded. NVRO stock price reached its highest trading level at $6.0278 during the session, while it also had its lowest trading level at $5.57.

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 3.53 and its Current Ratio is at 4.77. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.75.

Wells Fargo Downgraded its Equal Weight to Underweight on August 07, 2024, whereas the target price for the stock was revised from $13 to $5.50.

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 208413088 and an Enterprise Value of 177377888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 0.416 whereas that against EBITDA is -2.099.

Stock Price History:

Over the past 52 weeks, NVRO has reached a high of $22.64, while it has fallen to a 52-week low of $4.38. The 50-Day Moving Average of the stock is -34.56%, while the 200-Day Moving Average is calculated to be -59.20%.

Shares Statistics:

For the past three months, NVRO has traded an average of 672.73K shares per day and 1368720 over the past ten days. A total of 36.36M shares are outstanding, with a floating share count of 35.17M. Insiders hold about 5.62% of the company’s shares, while institutions hold 106.42% stake in the company. Shares short for NVRO as of 1722384000 were 3156075 with a Short Ratio of 4.69, compared to 1719532800 on 3471984. Therefore, it implies a Short% of Shares Outstanding of 3156075 and a Short% of Float of 9.7799994.

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