Now Is The Time To Build A Position In Organovo Holdings Inc (NASDAQ:ONVO)

Organovo Holdings Inc (NASDAQ:ONVO)’s traded shares stood at 0.5 million during the last session, with the company’s beta value hitting 1.02. At the close of trading, the stock’s price was $3.14, to imply a decrease of -14.54% or -$0.53 in intraday trading. The ONVO share’s 52-week high remains $21.96, putting it -599.36% down since that peak but still an impressive 3.18% since price per share fell to its 52-week low of $3.04. The company has a valuation of $4.56M, with an average of 0.13 million shares in intraday trading volume over the past 10 days and average of 665.99K shares over the past 3 months.

Organovo Holdings Inc (NASDAQ:ONVO) trade information

After registering a -14.54% downside in the last session, Organovo Holdings Inc (ONVO) has traded red over the past five days. The 5-day price performance for the stock is -38.29%, and -30.94% over 30 days. With these gigs, the year-to-date price performance is -43.10%. Short interest in Organovo Holdings Inc (NASDAQ:ONVO) saw shorts transact 0.11 million shares and set a 0.07 days time to cover.

Organovo Holdings Inc (ONVO) estimates and forecasts

The rating firms project that company’s revenue will shrink -45.68% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 54k.

ONVO Dividends

Organovo Holdings Inc has its next earnings report out on 2025-Feb-18. 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.

The next major institution holding the largest number of shares is PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. with 0.47 million shares, or about 4.7035% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.36 million.

We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Organovo Holdings Inc (ONVO) shares. Going by data provided on Dec 31, 2024 , Vanguard Extended Market Index Fund holds roughly 114.64 shares. This is just over 0.67% of the total shares, with a market valuation of $0.36 million. Data from the same date shows that the other fund manager holds a little less at 82.04, or 0.48% of the shares, all valued at about 0.26 million.