Novus Therapeutics, Inc. (NVUS) Stock: Is This Biotechnology Stock Worth Your Investment?

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Novus Therapeutics, Inc. (NVUS) is headed down in the market today. The company, one that is focused in the biotechnology space, is presently trading at $1.49 after falling 0.00% so far in today’s session. In terms of biotechnology stocks, there are quite a few factors that have the ability to cause movement in the market. News is one of the most common reasons for movement. Here are the recent stories centered around NVUS:

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Jun-10-19 08:30AM Novus Therapeutics to Present OP0201 Data at the 20th International Symposium on Recent Advances in Otitis Media
May-17-19 04:55PM Penny Stocks to Buy Using Technical Analysis for May 2019
May-14-19 04:05PM Novus Therapeutics Reports First Quarter 2019 Financial Results
May-02-19 04:01PM Novus Therapeutics Announces Closing of $10.7 Million Registered Direct Offering Priced At-the-Market
Apr-30-19 09:13AM Novus Therapeutics Announces $10.7 Million Registered Direct Offering Priced At-the-Market

However, any time investors are making a decision to invest, investors should look at far more than just news, this is especially the case in the speculative biotechnology industry. Here’s what’s happening with Novus Therapeutics, Inc..

The Performance That We’ve Seen From NVUS

While a move down on a single session, like what we’re seeing from Novus Therapeutics, Inc. may make some investors tremble, a single session move alone should not be the reason for a decision to, or not to, buy a company’s stock. It’s always a good idea to dig into trends just a single trading session. When it comes to NVUS, below are the returns that investors have experienced:

  • Past 5 Trading Sessions – In the last five trading sessions, NVUS has generated a price change amounting to -9.70%.
  • Past 30 Days – The monthly returns from Novus Therapeutics, Inc. works out to -36.60%.
  • Past Quarter – Over the past three months, the company has produced a ROI of -64.61%
  • Past Six Months – In the last six months, we’ve seen a change that works out to -50.33% from the company.
  • This Year So Far – Since the the last trading session of last year NVUS has produced a return on investment of -6.88%.
  • Full Year – Finally, throughout the last full year, investors have seen movement that works out to -76.54% from NVUS. Over this period, the stock has traded at a high price of -81.04% and a low price of 12.88%.

Ratios To Watch

Looking at a few ratios having to do with a stock can provide investors a look of how risky and/or potentially profitable a stock pick might be. Below are some of the most important ratios to think about when digging into NVUS.

Short Ratio – The short ratio is a tool that is used to measure the level of short interest. As the short ratio climbs, it means that more investors have a belief that the stock is going to go down. Throughout the sector, biotech stocks can have a higher short ratio. On the other hand, we also tend to see quite a few short squeezes in the sector. Nonetheless, when it comes to Novus Therapeutics, Inc., it’s short ratio is 0.13.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Basically, they measure If a company is able to cover its debts when they mature with only quick assets or current assets. In the biotech space, many companies rely on continued investor support, the current and quick ratios can be upsetting. However, quite a few good picks in the biotech industry do have great quick and current ratios. When it comes to NVUS, the quick and current ratios total up to 3.20 and 3.20 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets currently owned by the company to the share price. In this case, the book to share value ratio comes in at 1.05.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the price of shares. Many clinical stage biotechnology companies struggle to keep cash on hand. So, when investing in the biotech industry, this is an important ratio to consider. In this case, the cash to share value comes to 0.69.

How Analysts Feel About Novus Therapeutics, Inc.

While it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a good idea to use their analysis in order to validate your own thoughts before making an investment decision in the biotech industry. Below you’ll find the most recent moves that we’ve seen from analysts with regard to NVUS.

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Feb-13-18 Initiated Ascendiant Capital Markets Buy $7

Show Me The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in NVUS, here’s what we’re seeing:

  • Institutional Investors – As it stands now, institutions hold 34.70% of the company. However, it’s worth considering that institutional ownership has seen a move of -0.04% throughout the last quarter.
  • Investors On The Inside – with regard to insiders, members of the management team and others close to NVUS currently hold 2.00% of the company. Insider ownership of the company has moved 481.60% throughout the last 3 months.

Float Information

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 13.11M shares of Novus Therapeutics, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, NVUS has a float of 12.13M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NVUS, the short percent of the float is 0.15%.

What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-1.58. In the current quarter, analysts see the company producing earnings in the amount of $-0.43. Over the last 5 years, NVUS has generated revenue in the amount of $0 with earnings coming in at 24.90%. On a quarter over quarter basis, earnings have seen movement of -43.00% and revenue has seen movement of 0.

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