Organovo Holdings Inc [ONVO] stock prices are up 2.12% to $0.39 at the moment. 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 10.35% over the last week, with a monthly amount glided 8.12%, and seem to be holding up well over a long-time horizon.
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.
The stock price of Organovo Holdings Inc [ONVO] has been fluctuating between $0.32 and $1.74 over the past year. Organovo Holdings Inc [NASDAQ: ONVO] shares were valued at $0.39 at the most recent close of the market.
Analyzing the ONVO fundamentals
Gross Profit Margin for this corporation currently stands at -1.09% with Operating Profit Margin at -123.98%, Pretax Profit Margin comes in at -121.75%, and Net Profit Margin reading is -121.77%. To continue investigating profitability, this company’s Return on Assets is posted at -1.86, Equity is -2.49 and Total Capital is -2.94. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.
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 0.3651 points at the first support level, and at 0.3441 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4035, and for the 2nd resistance point, it is at 0.4209.
Ratios To Look Out For
It’s worth pointing out that Organovo Holdings Inc [NASDAQ:ONVO]’s Current Ratio is 1.98. In addition, the Quick Ratio stands at 1.72 and the Cash Ratio stands at 1.31. Considering the valuation of this stock, the price to sales ratio is 59.33, the price to book ratio is 1.61.
