Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of CervoMed Inc (NASDAQ: CRVO) closed at $9.68 in the last session, up 13.95% from day before closing price of $8.49. In other words, the price has increased by $13.95 from its previous closing price. On the day, 1.08 million shares were traded.
Ratios:
We take a closer look at CRVO’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 8.65 while its Price-to-Book (P/B) ratio in mrq is 2.15.
Stock Price History:
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 70.58%, while the 200-Day Moving Average is calculated to be -2.04%.
Shares Statistics:
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 17.09% stake in the company.
