In the past week, MOVE stock has gone down by -17.81%, with a monthly decline of -23.08% and a quarterly plunge of -36.51%. The volatility ratio for the week is 9.44%, and the volatility levels for the last 30 days are 8.78% for Movano Inc. The simple moving average for the past 20 days is -17.96% for MOVE’s stock, with a -50.80% simple moving average for the past 200 days.
Is It Worth Investing in Movano Inc (NASDAQ: MOVE) Right Now?
Company’s 36-month beta value is 0.23.
The public float for MOVE is 36.36M, and currently, short sellers hold a 0.63% ratio of that floaft. The average trading volume of MOVE on May 09, 2024 was 229.83K shares.
MOVE) stock’s latest price update
The stock of Movano Inc (NASDAQ: MOVE) has decreased by -11.50 when compared to last closing price of 0.45.Despite this, the company has seen a loss of -17.81% in its stock price over the last five trading days. PRNewsWire reported 2024-05-06 that Conference Call at 2:00 PM PT/ 5:00 PM ET PLEASANTON, Calif., May 6, 2024 /PRNewswire/ — Movano Health (Nasdaq: MOVE), a pioneer in health technology, today announced that it will report first quarter 2024 financial and operating results on Wednesday May 15, 2024, after the market close.
MOVE Trading at -19.32% 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 -73.33% of loss for the given period.
Volatility was left at 8.78%, however, over the last 30 days, the volatility rate increased by 9.44%, as shares sank -29.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.33% lower at present.
During the last 5 trading sessions, MOVE fell by -17.81%, which changed the moving average for the period of 200-days by -71.43% in comparison to the 20-day moving average, which settled at $0.4791. In addition, Movano Inc saw -48.81% 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 -515.36, with -258.41 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 1.44.
Conclusion
In a nutshell, Movano Inc (MOVE) has experienced a bad performance in recent times. The stock has received mixed “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.
