The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. CervoMed Inc’s current trading price is -78.70% away from its 52-week high, while its distance from the 52-week low is 212.22%. The stock’s price range for this period has been between $1.80 and $26.38 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 58.43 million for the day, a number notably higher than the average daily volume of 0.24 million over the last three months.
CervoMed Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $26.38 on 03/20/24, while the lowest price for the same period was registered at $1.80 on 12/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CervoMed Inc (CRVO) has experienced a quarterly decline of -52.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 46.39M and boasts a workforce of 8 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.81, with a change in price of -8.44. Similarly, CervoMed Inc recorded 711,921 in trading volume during the last 100 days, posting a change of -60.24%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CRVO stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
CRVO Stock Stochastic Average
CervoMed Inc’s raw stochastic average for the past 50 days is presently 97.60%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 97.60%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.34% and 66.57%, respectively.
CRVO Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 140.17% this year. Over the last six months, there has been a stronger performance of -64.83%. The price of CRVO fallen by 156.62% during the last 30 days period. For the last 5-days stocks have improved 160.19%.
