Neovasc Inc

Company Profile

Neovasc Inc had its IPO on 2007-02-05 under the ticker symbol NVCN.

The company operates in the Healthcare sector and Medical Devices industry. Neovasc Inc has a staff strength of 0 employees.

Stock update

Shares of Neovasc Inc opened at $30.03 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $30.03 - $30.03, and closed at $30.03.

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

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Neovasc Inc have increased by 0%.

Neovasc Inc's Key Ratios

Neovasc Inc has a market cap of $83.59 million, indicating a price to book ratio of 0.9983 and a price to sales ratio of 9.3708.

In the last 12-months Neovasc Inc’s revenue was $3.11 million with a gross profit of $-7076980 and an EBITDA of $-30968452. The EBITDA ratio measures Neovasc Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Neovasc Inc’s operating margin was 0% while its return on assets stood at -32.95% with a return of equity of -78.25%.

In Q4, Neovasc Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 31.3%.

Neovasc Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-15.07 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. 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 Neovasc Inc’s profitability.

Neovasc Inc stock is trading at a EV to sales ratio of 2.8815 and a EV to EBITDA ratio of -0.1193. Its price to sales ratio in the trailing 12-months stood at 9.3708.

Neovasc 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

$38.73 million

Total Liabilities

$10.07 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Neovasc Inc ended 2024 with $38.73 million in total assets and $0 in total liabilities. Its intangible assets were valued at $38.73 million while shareholder equity stood at $15.84 million.

Neovasc Inc ended 2024 with $0 in deferred long-term liabilities, $10.07 million in other current liabilities, 441369134.00 in common stock, $-463192850.00 in retained earnings and $0 in goodwill. Its cash balance stood at $25.79 million and cash and short-term investments were $25.79 million. The company’s total short-term debt was $219,522 while long-term debt stood at $12.63 million.

Neovasc Inc’s total current assets stands at $29.78 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.50 million compared to accounts payable of $2.18 million and inventory worth $1.09 million.

In 2024, Neovasc Inc's operating cash flow was $0 while its capital expenditure stood at $0.

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

Other key metrics

Current Trading Price

$30.03

52-Week High

$30.07

52-Week Low

$6.15

Analyst Target Price

$24

Neovasc Inc stock is currently trading at $30.03 per share. It touched a 52-week high of $30.07 and a 52-week low of $30.07. Analysts tracking the stock have a 12-month average target price of $24.

Its 50-day moving average was $29.29 and 200-day moving average was $15.11 The short ratio stood at 0.94 indicating a short percent outstanding of 0%.

Around 369% of the company’s stock are held by insiders while 787.2% are held by institutions.