Movano Inc (MOVE) Stock: A Value Analysis

Moreover, the 36-month beta value for MOVE is 0.28.

The public float for MOVE is 41.00M and currently, short sellers hold a 0.10% of that float. On April 03, 2024, MOVE’s average trading volume was 68.19K shares.

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MOVE) stock’s latest price update

The stock of Movano Inc (NASDAQ: MOVE) has increased by 8.86 when compared to last closing price of 0.44. Despite this, the company has experienced a 18.33% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-15 that Movano Inc. (NASDAQ:MOVE ) Q3 2023 Earnings Conference Call November 15, 2023 11:30 AM ET Company Participants Jay Cogan – Chief Financial Officer John Mastrototaro – Chief Executive Officer Tyler Bucher – Chief Marketing Officer Michael Leabman – Founder and Chief Technology Officer Stacy Salvi – Vice President, Product and Strategy Operator Hello and welcome to Movano Health Third Quarter 2023 Earnings Call. I’d like to remind everyone that this call is being recorded and a replay of the call will be available on Movano Health’s website, ir.movano.com.

MOVE’s Market Performance

Movano Inc (MOVE) has experienced a 18.33% rise in stock performance for the past week, with a -15.22% drop in the past month, and a -38.70% drop in the past quarter. The volatility ratio for the week is 12.79%, and the volatility levels for the past 30 days are at 10.67% for MOVE. The simple moving average for the last 20 days is -0.30% for MOVE stock, with a simple moving average of -47.02% for the last 200 days.

MOVE Trading at -14.81% from the 50-Day Moving Average

After a stumble in the market that brought MOVE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.07% of loss for the given period.

Volatility was left at 10.67%, however, over the last 30 days, the volatility rate increased by 12.79%, as shares sank -16.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.67% lower at present.

During the last 5 trading sessions, MOVE rose by +18.33%, which changed the moving average for the period of 200-days by -52.10% in comparison to the 20-day moving average, which settled at $0.4757. In addition, Movano Inc saw -38.70% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MOVE starting from FAIRBAIRN EMILY, who purchase 295,000 shares at the price of $0.85 back on Nov 14 ’23. After this action, FAIRBAIRN EMILY now owns 295,000 shares of Movano Inc, valued at $250,750 using the latest closing price.

Mastrototaro John, the Chief Executive Officer of Movano Inc, purchase 12,000 shares at $0.85 during a trade that took place back on Nov 14 ’23, which means that Mastrototaro John is holding 115,142 shares at $10,200 based on the most recent closing price.

Stock Fundamentals for MOVE

The total capital return value is set at -6.26. Equity return is now at value -318.88, with -208.03 for asset returns.

Based on Movano Inc (MOVE), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -133.53. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 434.07.

Currently, EBITDA for the company is -30.18 million with net debt to EBITDA at 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.

Conclusion

To wrap up, the performance of Movano Inc (MOVE) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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