Witnessing the stock’s movement on the chart, on Wednesday, Organovo Holdings Inc (NASDAQ: ONVO) set off with pace as it heaved 3.14% to $0.44, before settling in for the price of $0.43 at the close. Taking a more long-term approach, ONVO posted a 52-week range of $0.32-$1.74.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was -54.97%. Meanwhile, its Annual Earning per share during the time was 19.06%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 51.88%. This publicly-traded company’s shares outstanding now amounts to $15.37 million, simultaneously with a float of $15.07 million. The organization now has a market capitalization sitting at $6.77 million. At the time of writing, stock’s 50-day Moving Average stood at $0.4370, while the 200-day Moving Average is $0.7440.
Organovo Holdings Inc (ONVO) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Organovo Holdings Inc’s current insider ownership accounts for 1.90%, in contrast to 15.88% institutional ownership.
Organovo Holdings Inc (ONVO) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Organovo Holdings Inc’s EPS increase for this current 12-month fiscal period is 51.88% and is forecasted to reach -0.75 in the upcoming year.
Organovo Holdings Inc (NASDAQ: ONVO) Trading Performance Indicators
Let’s observe the current performance indicators for Organovo Holdings Inc (ONVO). It’s Quick Ratio in the last reported quarter now stands at 1.72. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 67.66.
In the same vein, ONVO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.07, a figure that is expected to reach -0.14 in the next quarter, and analysts are predicting that it will be -0.75 at the market close of one year from today.
Technical Analysis of Organovo Holdings Inc (ONVO)
Going through the that latest performance of [Organovo Holdings Inc, ONVO]. Its last 5-days volume of 0.25 million was inferior to the volume of 0.37 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 71.24% While, its Average True Range was 0.0655.
Raw Stochastic average of Organovo Holdings Inc (ONVO) in the period of the previous 100 days is set at 29.23%, which indicates a major fall in contrast to 76.83% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 117.45% that was higher than 71.28% volatility it exhibited in the past 100-days period.
