At the time of writing, Organovo Holdings Inc [ONVO] stock is trading at $1.35, up 33.65%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ONVO shares have gain 29.81% over the last week, with a monthly amount glided 36.36%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Organovo Holdings Inc [NASDAQ: ONVO] stock has seen the most recent analyst activity on December 13, 2018, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $2.50. Previously, Raymond James downgraded its rating to Mkt Perform on November 10, 2017. On January 25, 2017, Raymond James initiated with a Outperform rating. Cantor Fitzgerald downgraded its rating to a Hold. Piper Jaffray initiated its recommendation with a Overweight and recommended $5 as its price target on June 29, 2015. Jefferies started tracking with a Buy rating for this stock on June 29, 2015, and assigned it a price target of $5.
For the past year, the stock price of Organovo Holdings Inc fluctuated between $0.89 and $2.25. Organovo Holdings Inc [NASDAQ: ONVO] shares were valued at $1.35 at the most recent close of the market.
Analyzing the ONVO fundamentals
According to Organovo Holdings Inc [NASDAQ:ONVO], the company’s sales were 0.24M for trailing twelve months, which represents an -96.18% plunge. Gross Profit Margin for this corporation currently stands at -0.11% with Operating Profit Margin at -81.69%, Pretax Profit Margin comes in at -78.86%, and Net Profit Margin reading is -76.95%. To continue investigating profitability, this company’s Return on Assets is posted at -2.1, Equity is -1.78 and Total Capital is -2.75. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.1200 points at the first support level, and at 0.8900 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6600, and for the 2nd resistance point, it is at 1.9700.
Ratios To Look Out For
It is important to note that Organovo Holdings Inc [NASDAQ:ONVO] has a current ratio of 3.67. In addition, the Quick Ratio stands at 3.67 and the Cash Ratio stands at 3.11. Considering the valuation of this stock, the price to sales ratio is 56.48, the price to book ratio is 2.15.
Transactions by insiders
Recent insider trading involved Gobel David, Director, that happened on Nov 15 ’23 when 19607.0 shares were sold.
