Neovasc Inc (NASDAQ:NVCN) has grabbed attention from the analysts, when it saw a value increase of 10.19% or 0.05 points in the last trading session to close at $0.57. A total of 1.21 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 457.03 Million shares, while its relative volume stands at 2.64. Neovasc Inc (NASDAQ:NVCN) has a market cap of $45.31 Million and the number of outstanding shares have been calculated 78.92 Million.
Shares of Neovasc Inc (NASDAQ:NVCN) currently have an Average Brokerage Recommendation of 1, number of Recs in ABR is 2 while industry rank of the company by ABR is 165 out of 265. Out of the analyst recommendations 1 rate Neovasc Inc (NASDAQ:NVCN) stock a Buy, 2 rate the stock Outperform, 0 rate Hold, 0 rate Underperform and 0 recommend a Sell.
Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $2.5 on the stock, this valuation is based on 1 number of opinions. The most optimistic analyst sees the stock reaching $2.5 while the most conventional has $2.5 target price.
In order to check on the sell-side rational, we can also take a peek at some technical indicators. Neovasc Inc (NASDAQ:NVCN)’s price sits -31.38% off from its 50-day moving average of $0.6582 and -54.54% away from the stock’s 200-day moving average which is $1.1372. Stock’s twelve month price oscillated between $2.12 and $0.52. The stock hit its twelve month high on 03/20/17, and twelve month low on 01/11/18. The Average True Range, a measure of volatility is at 0.05, however its weekly and monthly volatility is 9.64%, 8.48% respectively. The company’s Relative Strength Index which shows price strength currently stands at 36.07.
Neovasc Inc (NASDAQ:NVCN) as of recent trade, has shown weekly upbeat performance of 0.47% which was maintained at -16.62% in 1-month period. During the past three months the stock slid -64.99%, bringing six months performance to -56.83%. Yearly performance of the stock shows a bearish trend of -69.62% while year-to-date (YTD) performance reflected -4.32% negative outlook.
While taking a glance at financials, we can look at a number of key indicators. Neovasc Inc (NASDAQ:NVCN) has trailing twelve month Return on Assets of 0%, which is key indicator of how profitable a company is relative to its total assets. The company currently has a Return on Equity of 0% and a Return on Investment of 0%. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments.
While having a peek at profitability ratios Neovasc Inc (NASDAQ:NVCN) has trailing twelve month gross margin at 0%, its trailing twelve month operating margin stands at 0% whereas its trailing twelve month net profit margin spots at 0%.
However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 2.27. The company’s forward price to earnings ratio for next fiscal year is 0. Neovasc Inc (NASDAQ:NVCN)’s price to free cash flow for trailing twelve months is 0. Its beta value stands at 0.
The company’s quick ratio for most recent quarter is 0 along with current ratio for most recent quarter of 0. Total debt to equity ratio of the company for most recent quarter is 0 whereas long term debt to equity ratio for most recent quarter is 0.