At the time of writing, CervoMed Inc [CRVO] stock is trading at $10.56, up 16.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CRVO shares have gain 20.00% over the last week, with a monthly amount glided 5.81%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CervoMed Inc [NASDAQ: CRVO] stock has seen the most recent analyst activity on March 13, 2025, when Chardan Capital Markets upgraded its rating to a Buy but kept the price target unchanged to $14 for it. Previously, H.C. Wainwright downgraded its rating to Neutral on December 17, 2024. On December 11, 2024, downgrade downgraded it’s rating to Underweight. Chardan Capital Markets downgraded its rating to a Neutral. D. Boral Capital downgraded its rating to a Hold. ROTH MKM started tracking with a Buy rating for this stock on December 06, 2024, and assigned it a price target of $45. In a note dated December 05, 2024, H.C. Wainwright initiated an Buy rating and provided a target price of $42 on this stock.
For the past year, the stock price of CervoMed Inc fluctuated between $1.80 and $25.69. Currently, Wall Street analysts expect the stock to reach $17.31 within the next 12 months. CervoMed Inc [NASDAQ: CRVO] shares were valued at $10.56 at the most recent close of the market. An investor can expect a potential return of 63.92% based on the average CRVO price forecast.
Analyzing the CRVO fundamentals
According to CervoMed Inc [NASDAQ:CRVO], the company’s sales were 9.74M for trailing twelve months, which represents an -13.19% plunge. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at -3.23%, Pretax Profit Margin comes in at -2.89%, and Net Profit Margin reading is -2.89%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -0.46 and Total Capital is -0.46.
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 9.26 points at the first support level, and at 7.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.55, and for the 2nd resistance point, it is at 12.55.
Ratios To Look Out For
It is important to note that CervoMed Inc [NASDAQ:CRVO] has a current ratio of 11.11. Further, the Quick Ratio stands at 11.11, while the Cash Ratio is 2.32. Considering the valuation of this stock, the price to sales ratio is 9.44, the price to book ratio is 2.34.
Transactions by insiders
Recent insider trading involved ELDER WILLIAM ROBERT, CFO & GC, that happened on Aug 27 ’24 when 1000.0 shares were purchased.
