NASDAQ
MNOV

MediciNova Inc

Biotechnology
Healthcare

Prices are adjusted according to historical splits.

MediciNova Inc Stock Price

Vitals

Today's Low:
$2.21
Today's High:
$2.27
Open Price:
$2.26
52W Low:
$1.89
52W High:
$2.73
Prev. Close:
$2.25
Volume:
20555

Company Statistics

Market Cap.:
$110.35 million
Book Value:
1.329
Revenue TTM:
$0
Operating Margin TTM:
0%
Gross Profit TTM:
$4.04 million
Profit Margin:
0%
Return on Assets TTM:
-11.16%
Return on Equity TTM:
-17.55%

Company Profile

MediciNova Inc had its IPO on 2005-02-08 under the ticker symbol MNOV.

The company operates in the Healthcare sector and Biotechnology industry. MediciNova Inc has a staff strength of 13 employees.

Stock update

Shares of MediciNova Inc opened at $2.26 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.21 - $2.27, and closed at $2.24.

This is a -0.44% slip from the previous day's closing price.

A total volume of 20,555 shares were traded at the close of the day’s session.

In the last one week, shares of MediciNova Inc have slipped by -5.88%.

MediciNova Inc's Key Ratios

MediciNova Inc has a market cap of $110.35 million, indicating a price to book ratio of 1.6907 and a price to sales ratio of 2877.377.

In the last 12-months MediciNova Inc’s revenue was $0 with a gross profit of $4.04 million and an EBITDA of $-13374085. The EBITDA ratio measures MediciNova Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MediciNova Inc’s operating margin was 0% while its return on assets stood at -11.16% with a return of equity of -17.55%.

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

MediciNova Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG
-0.94

Its diluted EPS in the last 12-months stands at $-0.26 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.94. 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 MediciNova Inc’s profitability.

MediciNova Inc stock is trading at a EV to sales ratio of 1142.7224 and a EV to EBITDA ratio of -5.2859. Its price to sales ratio in the trailing 12-months stood at 2877.377.

MediciNova 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
$68.72 million
Total Liabilities
$2.82 million
Operating Cash Flow
$-18577.00
Capital Expenditure
$18577
Dividend Payout Ratio
0%

MediciNova Inc ended 2024 with $68.72 million in total assets and $0 in total liabilities. Its intangible assets were valued at $68.72 million while shareholder equity stood at $65.18 million.

MediciNova Inc ended 2024 with $201792.00 in deferred long-term liabilities, $2.82 million in other current liabilities, 49046.00 in common stock, $-412919501.00 in retained earnings and $9.60 million in goodwill. Its cash balance stood at $52.88 million and cash and short-term investments were $52.88 million. The company’s total short-term debt was $201,277 while long-term debt stood at $0.

MediciNova Inc’s total current assets stands at $53.52 million while long-term investments were $0 and short-term investments were $0.00. Its net receivables were $0 compared to accounts payable of $548221.00 and inventory worth $0.

In 2024, MediciNova Inc's operating cash flow was $-18577.00 while its capital expenditure stood at $18577.

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

Other key metrics

Current Trading Price
$2.24
52-Week High
$2.73
52-Week Low
$1.89
Analyst Target Price
$16

MediciNova Inc stock is currently trading at $2.24 per share. It touched a 52-week high of $2.73 and a 52-week low of $2.73. Analysts tracking the stock have a 12-month average target price of $16.

Its 50-day moving average was $2.38 and 200-day moving average was $2.29 The short ratio stood at 24.91 indicating a short percent outstanding of 0%.

Around 298.3% of the company’s stock are held by insiders while 2260% are held by institutions.

Frequently Asked Questions About MediciNova Inc

The stock symbol (also called stock or share ticker) of MediciNova Inc is MNOV

The IPO of MediciNova Inc took place on 2005-02-08

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About

MediciNova, Inc., a biopharmaceutical company, focuses on developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs in the United States. It is developing MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent for treating neurological and other disorders, such as primary and secondary progressive multiple sclerosis, amyotrophic lateral sclerosis, chemotherapy-induced peripheral neuropathy, degenerative cervical myelopathy, glioblastoma, and substance dependence and addiction. The company’s product pipeline also includes MN-221 (bedoradrine), a selective beta-2-adrenergic receptor agonist for the treatment of acute exacerbations of asthma; MN-001 (tipelukast), an orally bioavailable small molecule compound to treat fibrotic and other diseases, including nonalcoholic steatohepatitis and idiopathic pulmonary fibrosis; and MN-029 (denibulin), a tubulin binding agent for treating solid tumor cancers. It has collaboration agreements with Kissei Pharmaceutical Co., Ltd.; Kyorin Pharmaceutical Co., Ltd; Angiogene Pharmaceuticals Ltd.; and Meiji Seika Kaisha Ltd. The company was incorporated in 2000 and is headquartered in La Jolla, California.

Address

4275 Executive Square, La Jolla, CA, United States, 92037