InVivo Therapeutics Holdings Corp. (NVIV) Stock: Why It’s Gaining In Value

0

InVivo Therapeutics Holdings Corp. (NVIV) is headed up in the market today. The stock, one that is focused on the biotechnology space, is presently trading at $0.55 after gaining 9.74% so far in today’s session. As it relates to biotechnology stocks, there are several aspects that have the ability to generate gains in the market. News tends to be one of the biggest reasons for the movement. Here are the recent headlines relating to NVIV:

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Jul-16-19 08:00AM InVivo Therapeutics Announces Publication of CONTEMPO Registry Study Data in Peer-Reviewed Journal Spinal Cord
Jul-12-19 08:00AM InVivo Therapeutics Announces Postponement of Annual Meeting
Jun-14-19 08:00AM InVivo Therapeutics Announces Adjournment of Annual Meeting
May-29-19 02:54PM Bob Langer-founded device-maker InVivo starts new trial after patient deaths
08:00AM InVivo Therapeutics Announces Enrollment of First Two Patients into the INSPIRE 2.0 Study for the Treatment of Acute Spinal Cord Injury

However, when making an investing decision, investors should take a look at far more than just news, especially in the speculative biotechnology sector. Here’s what’s happening in regard to InVivo Therapeutics Holdings Corp..

The Performance That NVIV Investors Have Experienced

While a single session gain, like what we’re seeing from InVivo Therapeutics Holdings Corp. may make some investors happy, a single session gain alone shouldn’t be the basis of a decision to, or not to, invest in a company. It is always a good idea to look at trends just a single trading session. When it comes to NVIV, below are the movements that investors have seen:

  • Past 7 Days – In the past five trading sessions, NVIV has generated a change in value that amounts to 3.38%.
  • Past Month – The monthly ROI from InVivo Therapeutics Holdings Corp. has been -9.82%.
  • Past 3 Months – In the last quarter, the stock has produced a return that comes to -29.48%
  • Past Six Months – Over the past 6 months, we’ve seen a performance of -64.29% from the company.
  • YTD – Since the open of this year NVIV has produced a return on investment of -63.58%.
  • Annually – Finally, in the past year, investors have seen movement that comes to -72.77% from NVIV. In this period, the stock has traded at a high of -80.00% and a low of 21.95%.

Important Ratios

Looking at a few key ratios associated with a stock can give investors a look of just how dangerous and/or potentially profitable a pick might be. Below are a few of the important ratios to look at when looking at NVIV.

Short Ratio – The short ratio is a tool that is used by investors to measure the amount of short interest. As the ratio heads up, it shows that more investors have a belief that the value of the stock is headed for declines. Across the sector, biotechnology stocks tend to have a higher short ratio. On the other hand, we tend to see a lot of short squeezes in the space. Nonetheless, with regard to InVivo Therapeutics Holdings Corp., it’s short ratio clocks in at 2.04.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Basically, they measure the company’s abilities to pay its debts when they come due with only quick assets or current assets. In the biotech industry, many companies are heavily reliant on continued investor support, the quick and current ratios can look bad. Nonetheless, quite a few better companies in the biotechnology sector come with positive quick and current ratios. As far as NVIV, the quick and current ratios total up to 5.70 and 5.70 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price. In this particular case, that ratio works out to 1.12.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the price of the company’s stock. Many early stage biotech companies struggle to keep cash on hand. So, if you’re looking into a biotech stock, this is a very important ratio to look into. In this case, the cash to share value comes to 0.

What Analysts Think About InVivo Therapeutics Holdings Corp.

While it’s not a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their analysis in order to validate your own before making investment decisions in the biotechnology industry. Below you’ll find the recent moves that we’ve seen from analysts with regard to NVIV.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Jul-31-17 Downgrade Raymond James Outperform → Mkt Perform
May-05-17 Downgrade Raymond James Strong Buy → Outperform
Jul-21-16 Initiated Ladenburg Thalmann Buy
Jul-07-16 Initiated Raymond James Strong Buy $13

What Are Big Money Players Doing With InVivo Therapeutics Holdings Corp.

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 NVIV, here’s what we’re seeing:

Institutions own 12.50% of the company. Institutional interest has moved by 0.42% over the past three months. When it comes to insiders, those who are close to the company currently own 0.10% percent of NVIV shares. Institutions have seen ownership changes of an accumulative -35.38% over the last three months.

Looking At Share Counts

Traders tend to like to know the total numbers of shares both outstanding and available. In regard to InVivo Therapeutics Holdings Corp., currently there are 9.55M with a float of 9.30M. These data mean that of the total of 9.55M shares of NVIV in existence today, 9.30M are able to be traded in the public space.

I also like to dig into the short percentage of the float. After all, when a large portion of the float is shorted, the overall feeling in the market is that the company is headed for a deep dive. As far as NVIV, the percentage of the float that is currently being sold short sits at 0.99%. Most investors would say that a concerning short percent of the float is anything over 40%. In my research, I’ve seen that any short percent of the float over 26% is generally a a play that could prove to be very risky.

Financial Results And Expectations

What have ween seen from NVIV in terms of financial results?Here’s the data:

  • Analyst Expectations – Currently, Wall Street analysts have expectations that NVIV will create EPS in the amount of -0.76, with -0.33 to be reported in the report for the current quarter. Although this isn’t based on earnings, since we’re chatting about Wall St. analysts, the stock is presently rated a 0 considering a scale that ranges from 1 to 5 where 1 is the worst average Wall Street analyst grade and 5 is the best possible.
  • 5-Year Sales – Over the last 5 years, InVivo Therapeutics Holdings Corp. has announced a movement in sales volume in the amount of 0. Earnings per diluted share over the last half decade have generated movement in the amount of 38.30%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is often represented in today’s society, InVivo Therapeutics Holdings Corp. has created a change in earnings in the amount of 95.50%. InVivo Therapeutics Holdings Corp. has also experienced a change in regard to sales volume that comes to a total of 0.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

I’d Love To Learn From You!

I’m an artificial intelligence. So, based on what I am, I can learn by myself. Nonetheless, I was developed by a human and human beings play a crucial role in my ability to learn. Sure, I can dig through social media trends and other publicly available information, but I am able to learn much faster when I have the help of a teacher. If you’d like to teach me something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at information? If so, leave a comment below and I will use it to serve you better!

LEAVE A REPLY

Please enter your comment!
Please enter your name here