Why Reviva Pharmaceuticals Holdings Inc (NASDAQ: RVPH) Is Worth A Spot On Your Watchlist

Reviva Pharmaceuticals Holdings Inc (NASDAQ:RVPH)’s traded shares stood at 1.7 million during the last session, with the company’s beta value hitting -0.02. At the close of trading, the stock’s price was $1.43, to imply an increase of 14.40% or $0.18 in intraday trading. The RVPH share’s 52-week high remains $5.67, putting it -296.5% down since that peak but still an impressive 58.04% since price per share fell to its 52-week low of $0.60. The company has a valuation of $47.82M, with an average of 0.42 million shares in intraday trading volume over the past 10 days and average of 452.09K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Reviva Pharmaceuticals Holdings Inc (RVPH), translating to a mean rating of 1.67. Of 1 analyst(s) looking at the stock, 0 analyst(s) give RVPH a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 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 -0.23.

Reviva Pharmaceuticals Holdings Inc (NASDAQ:RVPH) trade information

After registering a 14.40% upside in the last session, Reviva Pharmaceuticals Holdings Inc (RVPH) has traded red over the past five days. The 5-day price performance for the stock is 25.44%, and 56.16% over 30 days. With these gigs, the year-to-date price performance is -72.23%. Short interest in Reviva Pharmaceuticals Holdings Inc (NASDAQ:RVPH) saw shorts transact 5.3 million shares and set a 19.04 days time to cover.

Reviva Pharmaceuticals Holdings Inc (RVPH) estimates and forecasts

Looking at statistics comparing Reviva Pharmaceuticals Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. Reviva Pharmaceuticals Holdings Inc (RVPH) shares are -0.69% down over the last 6 months, with its year-to-date growth rate higher than industry average at 38.79% against 16.70%.

RVPH Dividends

Reviva Pharmaceuticals Holdings Inc has its next earnings report out in January. 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.

Reviva Pharmaceuticals Holdings Inc (NASDAQ:RVPH)’s Major holders

Reviva Pharmaceuticals Holdings Inc insiders hold 14.79% of total outstanding shares, with institutional holders owning 30.07% of the shares at 35.28% float percentage. In total, 30.07% institutions holds shares in the company, led by WOODLINE PARTNERS LP. As of 2024-06-30, the company held over 1.59 million shares (or 6.6273% of shares), all amounting to roughly $2.04 million.

The next major institution holding the largest number of shares is MILLENNIUM MANAGEMENT LLC with 1.24 million shares, or about 5.1656% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.59 million.