Tivic Health Systems Inc (NASDAQ:TIVC) does about 5.10M shares in volume on a normal day but saw 613576 shares change hands in the recent trading day. The company now has a market cap of 1.85M USD. Its current market price is $0.30, marking a decrease of -3.32% compared to the previous close of $0.31. The 52 week high reached by this stock is $3.21 whilst the lowest price level in 52 weeks is $0.22.
Tivic Health Systems Inc (TIVC) has a 20-day trading average at $0.2578 and the current price is -90.65% off the 52-week high compared with 36.24% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2902 and its 200-day simple moving average is $0.7458. If we look at the stock’s price movements over the week, volatility stands at 33.88%, which decreases to 14.22% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 56.94 to suggest the stock is neutral.
The current price level is 16.38%, 3.38%, and -59.78% away from its SMA20, SMA50, and SMA200 respectively, with the TIVC price moving below the 50-day SMA on current market day. Tivic Health Systems Inc (TIVC) stock is up 31.58% over the week and 11.11% over the past month. Its price is -83.33% year-to-date and -75.41% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2023, with the company’s earnings per share (EPS) of -17 above consensus estimates by 6. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $357k.
Outstanding shares total 6.18M with insiders holding 0.34% of the shares and institutional holders owning 10.00% of the company’s common stock. The company has a return on investment of -161.02% and return on equity of -183.60%. The beta has a value of 2.51. Price to book ratio is 0.44 and price to sales ratio is 1.67.
