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 -62.65% away from its 52-week high, while its distance from the 52-week low is 437.78%. The stock’s price range for this period has been between $1.80 and $25.92 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.08 million for the day, a number notably lower than the average daily volume of 4.58 million over the last three months.
CervoMed Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $25.92 on 04/15/24, while the lowest price for the same duration was marked 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 374.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 84.22M and boasts a workforce of 15 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.09, with a change in price of -1.09. Similarly, CervoMed Inc recorded 3,140,871 in trading volume during the last 100 days, posting a change of -10.12%.
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 51.66%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 25.99%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 22.54% and 26.26%, respectively.
CRVO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price increase of 313.68%. However, over the past six months, we’ve seen a stronger performance of -23.30%. The price of CRVO fallen by 50.31% over the last 30 days. And in the last five days, it has fallen by -0.82%.
