Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. CervoMed Inc’s current trading price is -70.67% away from its 52-week high, while its distance from the 52-week low is 236.11%. The stock’s price range during this period has varied between $1.80 and $20.63. The company, active in the Healthcare sector, saw a trading volume of around 0.74 million for the day, considerably higher average daily volume of 0.44 million observed over the last three months.
CervoMed Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $20.63 on 09/13/24, and the lowest price during the same period was recorded at $1.80 on 12/17/24.
How Financial Performance Impacts Market Capitalization
CervoMed Inc (CRVO) has experienced a quarterly decline of -28.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 52.65M and boasts a workforce of 15 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How CRVO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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 Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -69.75%.However, over the last six months, we can see a weaker performance of 173.76%. Over the last 30 days, the price of CRVO has leaped by -23.13%. And in the last five days, it has fallen by -11.68%.
