Evofem Biosciences Inc. (NASDAQ:EVFM) went down by -0.99% from its latest closing price compared to the recent 1-year high of $5.53. The company’s stock price has collected 11.11% of gains in the last five trading sessions. Press Release reported on 06/08/21 that Thinking about buying stock in Naked Brand, Palantir Technologies, Nokia, Evofem Biosciences, or Micron?
Is It Worth Investing in Evofem Biosciences Inc. (NASDAQ :EVFM) Right Now?
Plus, the 36-month beta value for EVFM is at -0.32. Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Evofem Biosciences Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $4.25. EVFM currently public float of 81.07M and currently shorts hold a 14.13% ratio of that float. Today, the average trading volume of EVFM was 9.08M shares.
EVFM’s Market Performance
EVFM stocks went up by 11.11% for the week, with a monthly drop of -17.36% and a quarterly performance of -62.96%, while its annual performance rate touched -70.33%. The volatility ratio for the week stands at 6.63% while the volatility levels for the past 30 days are set at 6.99% for Evofem Biosciences Inc.. The simple moving average for the period of the last 20 days is 3.58% for EVFM stocks with a simple moving average of -58.02% for the last 200 days.
Analysts’ Opinion of EVFM
Many brokerage firms have already submitted their reports for EVFM stocks, with Stifel repeating the rating for EVFM by listing it as a “Buy.” The predicted price for EVFM in the upcoming period, according to Stifel is $5 based on the research report published on October 02nd of the previous year 2020.
Morgan Stanley, on the other hand, stated in their research note that they expect to see EVFM reach a price target of $3. The rating they have provided for EVFM stocks is “Equal-Weight” according to the report published on August 20th, 2020.
Piper Sandler gave a rating of “Overweight” to EVFM, setting the target price at $11 in the report published on June 08th of the previous year.
EVFM Trading at -24.52% from the 50-Day Moving Average
After a stumble in the market that brought EVFM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.92% of loss for the given period.
Volatility was left at 6.99%, however, over the last 30 days, the volatility rate increased by 6.63%, as shares sank -19.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.86% lower at present.
During the last 5 trading sessions, EVFM rose by +11.11%, which changed the moving average for the period of 200-days by -67.21% in comparison to the 20-day moving average, which settled at $0.9535. In addition, Evofem Biosciences Inc. saw -58.51% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at EVFM starting from PELLETIER SAUNDRA L, who purchase 45,249 shares at the price of $2.28 back on Mar 09. After this action, PELLETIER SAUNDRA L now owns 906,137 shares of Evofem Biosciences Inc., valued at $103,168 using the latest closing price.
File Justin J., the Chief Financial Officer of Evofem Biosciences Inc., purchase 7,760 shares at $2.17 during a trade that took place back on Nov 17, which means that File Justin J. is holding 258,168 shares at $16,839 based on the most recent closing price.
Stock Fundamentals for EVFM
Current profitability levels for the company are sitting at:
- -23234.08 for the present operating margin
- -269.73 for the gross margin
The net margin for Evofem Biosciences Inc. stands at -31907.85. The total capital return value is set at -200.98, while invested capital returns managed to touch -590.20. Equity return is now at value -702.10, with -150.20 for asset returns.
Based on Evofem Biosciences Inc. (EVFM), the company’s capital structure generated 6,380.10 points at debt to equity in total, while total debt to capital is 98.46. Total debt to assets is 78.15, with long-term debt to equity ratio resting at 2,319.30. Finally, the long-term debt to capital ratio is 35.79.
When we switch over and look at the enterprise to sales, we see a ratio of 395.38, with the company’s debt to enterprise value settled at 0.49. The receivables turnover for the company is 0.45 and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.