In last trading session, Reviva Pharmaceuticals Holdings Inc. (NASDAQ:RVPH) saw 0.25 million shares changing hands with its beta currently measuring 0.18. Company’s recent per share price level of $4.15 trading at -$0.18 or -4.16% at ring of the bell on the day assigns it a market valuation of $77.40M. That closing price of RVPH’s stock is at a discount of -46.99% from its 52-week high price of $6.10 and is indicating a premium of 87.23% from its 52-week low price of $0.53. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.44 million shares which gives us an average trading volume of 1.57 million if we extend that period to 3-months.
For Reviva Pharmaceuticals Holdings Inc. (RVPH), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.3 in the current quarter.
Reviva Pharmaceuticals Holdings Inc. (NASDAQ:RVPH) trade information
Upright in the red during last session for losing -4.16%, in the last five days RVPH remained trading in the red while hitting it’s week-highest on Monday, 11/21/22 when the stock touched $4.15 price level, adding 15.82% to its value on the day. Reviva Pharmaceuticals Holdings Inc.’s shares saw a change of 43.60% in year-to-date performance and have moved -4.16% in past 5-day. Reviva Pharmaceuticals Holdings Inc. (NASDAQ:RVPH) showed a performance of 12.16% in past 30-days. Number of shares sold short was 0.89 million shares which calculate 1.46 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $14.00 to the stock, which implies a rise of 70.36% to its current value. Analysts have been projecting $10.00 as a low price target for the stock while placing it at a high target of $16.00. It follows that stock’s current price would drop -285.54% in reaching the projected high whereas dropping to the targeted low would mean a loss of -140.96% for stock’s current value.
Reviva Pharmaceuticals Holdings Inc. (RVPH) estimates and forecasts
Statistics highlight that Reviva Pharmaceuticals Holdings Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 137.82% of value to its shares in past 6 months, showing an annual growth rate of -69.57% while that of industry is 11.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -150.00% in the current quarter and calculating -27.30% decrease in the next quarter.
Reviva Pharmaceuticals Holdings Inc. is more likely to be releasing its next quarterly report between November 14 and November 18 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Reviva Pharmaceuticals Holdings Inc. (NASDAQ:RVPH)’s Major holders
Insiders are in possession of 26.85% of company’s total shares while institution are holding 9.19 percent of that, with stock having share float percentage of 12.57%. Investors also watch the number of corporate investors in a company very closely, which is 9.19% institutions for Reviva Pharmaceuticals Holdings Inc. that are currently holding shares of the company. Tang Capital Management, LLC is the top institutional holder at RVPH for having 1.2 million shares of worth $1.32 million. And as of Jun 29, 2022, it was holding 5.87% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 0.46 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 2.27% of outstanding shares, having a total worth of $0.51 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 0.35 million shares of worth $0.39 million or 1.73% of the total outstanding shares. The later fund manager was in possession of 0.1 million shares on Jun 29, 2022, making its stake of worth around $0.11 million in the company or a holder of 0.51% of company’s stock.