Given A -5337.5% Drop From High, Can Tivic Health Systems Inc (NASDAQ: TIVC) Quickly Recover?

ZM Stock

During the last session, Tivic Health Systems Inc (NASDAQ:TIVC)’s traded shares were 0.5 million, with the beta value of the company hitting 2.53. At the end of the trading day, the stock’s price was $0.40, reflecting an intraday gain of 2.36% or $0.01. The 52-week high for the TIVC share is $21.75, that puts it down -5337.5 from that peak though still a striking 12.5% gain since the share price plummeted to a 52-week low of $0.35. The company’s market capitalization is $2.44M, and the average trade volume was 658.36K shares over the past three months.

Tivic Health Systems Inc (NASDAQ:TIVC) trade information

Tivic Health Systems Inc (TIVC) registered a 2.36% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.36% in intraday trading to $0.40, hitting a weekly high. The stock’s 5-day price performance is -4.06%, and it has moved by -70.51% in 30 days. Based on these gigs, the overall price performance for the year is -95.94%.

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Tivic Health Systems Inc (TIVC) estimates and forecasts

In the rating firms’ projections, revenue will decrease -36.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 357k as predicted by 1 analyst(s). As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 400k and 376k respectively.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 30.58%.

TIVC Dividends

Tivic Health Systems Inc is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Tivic Health Systems Inc (NASDAQ:TIVC)’s Major holders