CervoMed Inc (NASDAQ:CRVO) currently has a daily average trading volume of 240.89K but it saw 156407937 shares traded in last market. With a market cap of 50.93M USD, the company’s current market price of $6.17 came rising about 161.44 while comparing to the previous closing price of $2.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.38 and as low as $1.80. In the recent trading on the day, stock has struck highest price mark of $2.4 while lowest mark touched by it was $6.84.
Taking a look at 20-day trading activity of CervoMed Inc (CRVO) gives us an average price of $2.42, while its current price level is -76.61% below from 52-week high level whereas it is 242.78% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.31 while that of 200 days or SMA-200 reads an average of $11.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 45.81% during that period while stretching the period over a month that decreases to 16.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 91.25 which implies that the stock is in overbought territory.
Over the week, CRVO’s stock price is moving 185.65% up while it is 181.74% when we observe its performance for the past one month. Year-to-date it is 163.68% up and over the past year, the stock is showing a downside performance of -62.90%.
Currently, CervoMed Inc’s total number of outstanding shares is 8.25M with 35.20% of that held by the insiders while 18.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -26.18% and return on equity (ROE) at -43.28%. Stock’s beta reads 1.73. Stock has a price to book (P/B) ratio of 1.12 while price to sale or P/S ratio amounts to 5.06. Its return on asset (ROA) is -39.22% on average.
