A share price of CVRx Inc [CVRX] is currently trading at $17.62, up 1.85%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CVRX shares have gain 24.35% over the last week, with a monthly amount glided 31.69%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CVRx Inc [NASDAQ: CVRX] stock has seen the most recent analyst activity on January 14, 2025, when William Blair upgraded its rating to a Outperform. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on September 10, 2024, and set its price target to $14. On July 11, 2024, Lake Street reiterated its Buy rating and revised its price target to $12 on the stock. William Blair downgraded its rating to a Mkt Perform. JP Morgan downgraded its rating to Neutral for this stock on May 01, 2024, and downed its price target to $13. In a note dated January 31, 2023, Lake Street initiated an Buy rating and provided a target price of $20 on this stock.
CVRx Inc experienced fluctuations in its stock price throughout the past year between $6.40 and $29.23. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. CVRx Inc [NASDAQ: CVRX] shares were valued at $17.62 at the most recent close of the market. An investor can expect a potential drop of -14.87% based on the average CVRX price forecast.
Analyzing the CVRX fundamentals
Trailing Twelve Months sales for CVRx Inc [NASDAQ:CVRX] were 47.26M which represents 27.23% growth. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at -1.25%, Pretax Profit Margin comes in at -1.23%, and Net Profit Margin reading is -1.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.46, Equity is -0.89 and Total Capital is -0.5. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.77.
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 17.21 points at the first support level, and at 16.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.84, and for the 2nd resistance point, it is at 18.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CVRx Inc [NASDAQ:CVRX] is 11.32. Also, the Quick Ratio is 10.23, while the Cash Ratio stands at 9.15. Considering the valuation of this stock, the price to sales ratio is 9.05, the price to book ratio is 6.54.
Transactions by insiders
Recent insider trading involved Behbahani Ali, Officer, that happened on Nov 29 ’24 when 21837.0 shares were purchased. CHIEF MKTG & STRAT OFFICER, VERRASTRO PAUL completed a deal on Nov 19 ’24 to sell 1430.0 shares. Meanwhile, Officer PAUL VERRASTRO bought 1430.0 shares on Nov 19 ’24.
