Movano Inc

Company Profile

Movano Inc had its IPO on 1999-08-05 under the ticker symbol MOVE.

The company operates in the Healthcare sector and Medical Devices industry. Movano Inc has a staff strength of 34 employees.

Stock update

Shares of Movano Inc opened at $1.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.08 - $1.17, and closed at $1.08.

This is a 0% increase from the previous day's closing price.

A total volume of 27,224 shares were traded at the close of the day’s session.

In the last one week, shares of Movano Inc have slipped by -6.9%.

Movano Inc's Key Ratios

Movano Inc has a market cap of $54.70 million, indicating a price to book ratio of 3.899 and a price to sales ratio of 0.

In the last 12-months Movano Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $-31113000. The EBITDA ratio measures Movano Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Movano Inc’s operating margin was 0% while its return on assets stood at -93.13% with a return of equity of -185.4%.

In Q2, Movano Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Movano Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.82 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Movano Inc’s profitability.

Movano Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -1.4303. Its price to sales ratio in the trailing 12-months stood at 0.

Movano Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$17.57 million

Total Liabilities

$4.55 million

Operating Cash Flow

$-26000.00

Capital Expenditure

$26000

Dividend Payout Ratio

0%

Movano Inc ended 2024 with $17.57 million in total assets and $0 in total liabilities. Its intangible assets were valued at $17.57 million while shareholder equity stood at $12.83 million.

Movano Inc ended 2024 with $0 in deferred long-term liabilities, $4.55 million in other current liabilities, 5000.00 in common stock, $-109460000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $14.47 million and cash and short-term investments were $14.47 million. The company’s total short-term debt was $206,000 while long-term debt stood at $0.

Movano Inc’s total current assets stands at $16.09 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $271000.00 compared to accounts payable of $1.52 million and inventory worth $0.

In 2024, Movano Inc's operating cash flow was $-26000.00 while its capital expenditure stood at $26000.

Comparatively, Movano Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.08

52-Week High

$3.02

52-Week Low

$0.9

Analyst Target Price

$

Movano Inc stock is currently trading at $1.08 per share. It touched a 52-week high of $3.02 and a 52-week low of $3.02. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.26 and 200-day moving average was $1.31 The short ratio stood at 0.9 indicating a short percent outstanding of 0%.

Around 1838.2% of the company’s stock are held by insiders while 1574.7% are held by institutions.