ObsEva SA (NASDAQ:OBSV)’s traded shares stood at 7.6 million during the last session, with the company’s beta value hitting 0.66. At the close of trading, the stock’s price was $0.13, to imply an increase of 0.85% or $0.0 in intraday trading. The OBSV share’s 52-week high remains $2.14, putting it -1546.15% down since that peak but still an impressive 38.46% since price per share fell to its 52-week low of $0.08. The company has a valuation of $15.81M, with an average of 34.58 million shares in intraday trading volume over the past 10 days and average of 7.84 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Hold for ObsEva SA (OBSV), translating to a mean rating of 3.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give OBSV a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.06.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
ObsEva SA (NASDAQ:OBSV) trade information
After registering a 0.85% upside in the last session, ObsEva SA (OBSV) has traded red over the past five days. The stock hit a weekly high of 0.1700 this Wednesday, 03/15/23, jumping 0.85% in its intraday price action. The 5-day price performance for the stock is -27.43%, and -31.49% over 30 days. With these gigs, the year-to-date price performance is -10.41%. Short interest in ObsEva SA (NASDAQ:OBSV) saw shorts transact 1.05 million shares and set a 1.3 days time to cover.
Analysts on Wall Street suggest a consensus price target of $1.00, implying an increase of 87.0% to the stock’s current value. The extremes give us $1.00 and $1.00 for target low and target high price respectively. As such, OBSV has been trading -669.23% off suggested target high and -669.23% from its likely low.
ObsEva SA (OBSV) estimates and forecasts
Looking at statistics comparing ObsEva SA share performance against respective industry, we note that the company has outperformed competitors. ObsEva SA (OBSV) shares are -28.86% down over the last 6 months, with its year-to-date growth rate higher than industry average at 24.36% against 9.90%. Revenue is forecast to grow 76.90% this quarter before jumping 78.60% for the next one. The rating firms project that company’s revenue will shrink -57.20% compared to the previous financial year.
Earnings reports from the last fiscal year show that sales brought in $5k and $2.24 million respectively in the corresponding quarters.
OBSV Dividends
ObsEva SA has its next earnings report out on March 06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. ObsEva SA has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
ObsEva SA (NASDAQ:OBSV)’s Major holders
ObsEva SA insiders hold 3.86% of total outstanding shares, with institutional holders owning 14.04% of the shares at 14.60% float percentage. In total, 14.04% institutions holds shares in the company, led by Sofinnova Investments, Inc. As of Sep 29, 2022, the company held over 4.75 million shares (or 4.37% of shares), all amounting to roughly $0.67 million.
The next major institution holding the largest number of shares is NEA Management Company, LLC with 4.59 million shares, or about 4.22% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $0.65 million.
Going by data provided on Nov 29, 2022, Fidelity NASDAQ Composite Index Fund holds roughly 82227.0 shares. This is just over 0.08% of the total shares, with a market valuation of $14134.0