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 -68.38% away from its 52-week high, while its distance from the 52-week low is 363.33%. 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 15.27 million for the day, a number notably higher than the average daily volume of 3.98 million over the last three months.
CervoMed Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $26.38 on 03/20/24, while the lowest value for the same period was recorded at $1.80 on 12/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CervoMed Inc (CRVO) has experienced a quarterly rise of 327.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 68.83M 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 5.60, with a change in price of -6.05. Similarly, CervoMed Inc recorded 2,718,293 in trading volume during the last 100 days, posting a change of -42.31%.
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 83.40%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 83.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 74.03% and 77.02%, respectively.
CRVO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 256.41%.However, over the last six months, we can see a stronger performance of -50.88%. Over the last 30 days, the price of CRVO has fallen by 280.82%. And in the last five days, it has surged by 275.67%.
