The stock of CVRx Inc (CVRX) has gone up by 24.35% for the week, with a 31.69% rise in the past month and a 110.77% rise in the past quarter. The volatility ratio for the week is 7.43%, and the volatility levels for the past 30 days are 6.67% for CVRX. The simple moving average for the past 20 days is 25.97% for CVRX’s stock, with a 58.17% simple moving average for the past 200 days.
Is It Worth Investing in CVRx Inc (NASDAQ: CVRX) Right Now?
Moreover, the 36-month beta value for CVRX is 1.21. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for CVRX is 13.77M and currently, short sellers hold a 14.24% of that float. On January 20, 2025, CVRX’s average trading volume was 298.17K shares.
CVRX) stock’s latest price update
The stock of CVRx Inc (NASDAQ: CVRX) has increased by 1.85 when compared to last closing price of 17.30. Despite this, the company has experienced a 24.35% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-16 that CVRx (CVRX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of CVRX
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see CVRX reach a price target of $14. The rating they have provided for CVRX stocks is “Overweight” according to the report published on September 10th, 2024.
Lake Street gave a rating of “Buy” to CVRX, setting the target price at $12 in the report published on July 11th of the previous year.
CVRX Trading at 23.57% from the 50-Day Moving Average
After a stumble in the market that brought CVRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.72% of loss for the given period.
Volatility was left at 6.67%, however, over the last 30 days, the volatility rate increased by 7.43%, as shares surge +33.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.08% upper at present.
During the last 5 trading sessions, CVRX rose by +24.35%, which changed the moving average for the period of 200-days by +2.44% in comparison to the 20-day moving average, which settled at $13.99. In addition, CVRx Inc saw 39.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CVRX starting from Behbahani Ali, who proposed sale 21,837 shares at the price of $15.30 back on Nov 29 ’24. After this action, Behbahani Ali now owns shares of CVRx Inc, valued at $334,106 using the latest closing price.
VERRASTRO PAUL, the CHIEF MKTG & STRAT OFFICER of CVRx Inc, sale 1,430 shares at $13.58 during a trade that took place back on Nov 19 ’24, which means that VERRASTRO PAUL is holding 1,875 shares at $19,417 based on the most recent closing price.
Stock Fundamentals for CVRX
Current profitability levels for the company are sitting at:
- -1.25 for the present operating margin
- 0.84 for the gross margin
The net margin for CVRx Inc stands at -1.24. The total capital return value is set at -0.5. Equity return is now at value -79.02, with -49.96 for asset returns.
Based on CVRx Inc (CVRX), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at -0.77. The debt to equity ratio resting at 0.77. The interest coverage ratio of the stock is -17.04.
Currently, EBITDA for the company is -38.73 million with net debt to EBITDA at 0.92. When we switch over and look at the enterprise to sales, we see a ratio of 8.0. The receivables turnover for the company is 5.23for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 11.32.
Conclusion
To wrap up, the performance of CVRx Inc (CVRX) has been better in recent times. The stock has received a bullish 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.
