In last trading session, Organovo Holdings Inc (NASDAQ:ONVO) saw 0.45 million shares changing hands with its beta currently measuring 0.99. Company’s recent per share price level of $0.42 trading at $0.02 or 5.42% at ring of the bell on the day assigns it a market valuation of $7.40M. That closing price of ONVO’s stock is at a discount of -335.71% from its 52-week high price of $1.83 and is indicating a premium of 23.81% from its 52-week low price of $0.32. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.07 million shares which gives us an average trading volume of 7.89 million if we extend that period to 3-months.
Organovo Holdings Inc (NASDAQ:ONVO) trade information
Upright in the green during last session for gaining 5.42%, in the last five days ONVO remained trading in the red while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $0.42 price level, adding 10.49% to its value on the day. Organovo Holdings Inc’s shares saw a change of -7.81% in year-to-date performance and have moved -5.90% in past 5-day. Organovo Holdings Inc (NASDAQ:ONVO) showed a performance of 17.48% in past 30-days. Number of shares sold short was 1.38 million shares which calculate 0.07 days to cover the short interests.
Organovo Holdings Inc (ONVO) estimates and forecasts
This year revenue growth is estimated to fall -45.68% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 54k for the same.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.06% during past 5 years.
Organovo Holdings Inc (NASDAQ:ONVO)’s Major holders
Insiders are in possession of 1.52% of company’s total shares while institution are holding 12.21 percent of that, with stock having share float percentage of 12.40%. Investors also watch the number of corporate investors in a company very closely, which is 12.21% institutions for Organovo Holdings Inc that are currently holding shares of the company. ARMISTICE CAPITAL, LLC is the top institutional holder at ONVO for having 0.93 million shares of worth $0.71 million. And as of 2024-06-30, it was holding 9.2183 of the company’s outstanding shares.
The second largest institutional holder is PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C., which was holding about 0.47 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7035 of outstanding shares, having a total worth of $0.36 million.
On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 114.64 shares of worth $48607.0 or 0.67% of the total outstanding shares. The later fund manager was in possession of 82.04 shares on Dec 31, 2024 , making its stake of worth around $34785.0 in the company or a holder of 0.48% of company’s stock.
