During the last session, Organovo Holdings Inc (NASDAQ:ONVO)’s traded shares were 0.17 million, with the beta value of the company hitting 1.26. At the end of the trading day, the stock’s price was $1.72, reflecting an intraday gain of 3.61% or $0.06. The 52-week high for the ONVO share is $21.96, that puts it down -1176.74 from that peak though still a striking 8.14% gain since the share price plummeted to a 52-week low of $1.58. The company’s market capitalization is $2.92M, and the average intraday trading volume over the past 10 days was 0.52 million shares, and the average trade volume was 739.05K shares over the past three months.
Organovo Holdings Inc (NASDAQ:ONVO) trade information
Organovo Holdings Inc (ONVO) registered a 3.61% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 3.61% in intraday trading to $1.72, hitting a weekly high. The stock’s 5-day price performance is -21.10%, and it has moved by -47.34% in 30 days. Based on these gigs, the overall price performance for the year is -87.54%. The short interest in Organovo Holdings Inc (NASDAQ:ONVO) is 73382.0 shares and it means that shorts have 0.54 day(s) to cover.
Organovo Holdings Inc (ONVO) estimates and forecasts
In the rating firms’ projections, revenue will decrease -45.68% 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 54k as predicted by 1 analyst(s).
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 19.06%.
ONVO Dividends
Organovo Holdings Inc is due to release its next quarterly earnings on 2025-Feb-18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Organovo Holdings Inc (NASDAQ:ONVO)’s Major holders
Organovo Holdings Inc insiders own 1.52% of total outstanding shares while institutional holders control 12.21%, with the float percentage being 12.40%. ARMISTICE CAPITAL, LLC is the largest shareholder of the company, while 32.0 institutions own stock in it. As of 2024-06-30, the company held over 0.93 million shares (or 9.2183% of all shares), a total value of $0.71 million in shares.
The next largest institutional holding, with 0.47 million shares, is of PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C.’s that is approximately 4.7035% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.36 million.
