Vivani Medical Inc.

Company Profile

Vivani Medical Inc. had its IPO on 2014-11-19 under the ticker symbol VANI.

The company operates in the Healthcare sector and Biotechnology industry. Vivani Medical Inc. has a staff strength of 50 employees.

Stock update

Shares of Vivani Medical Inc. opened at $0.96 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.95 - $0.99, and closed at $0.96.

This is a +1.05% increase from the previous day's closing price.

A total volume of 32,584 shares were traded at the close of the day’s session.

In the last one week, shares of Vivani Medical Inc. have increased by +3.23%.

Vivani Medical Inc.'s Key Ratios

Vivani Medical Inc. has a market cap of $47.26 million, indicating a price to book ratio of 1.5904 and a price to sales ratio of 0.

In the last 12-months Vivani Medical Inc.’s revenue was $0 with a gross profit of $130000 and an EBITDA of $-26451000. The EBITDA ratio measures Vivani Medical Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Vivani Medical Inc.’s operating margin was 0% while its return on assets stood at -50.83% with a return of equity of -135.65%.

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

Vivani Medical Inc.’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.38 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 Vivani Medical Inc.’s profitability.

Vivani Medical Inc. stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -1.8796. Its price to sales ratio in the trailing 12-months stood at 0.

Vivani Medical 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

$59.61 million

Total Liabilities

$7.09 million

Operating Cash Flow

$-44000.00

Capital Expenditure

$44000

Dividend Payout Ratio

0%

Vivani Medical Inc. ended 2023 with $59.61 million in total assets and $0 in total liabilities. Its intangible assets were valued at $59.61 million while shareholder equity stood at $32.39 million.

Vivani Medical Inc. ended 2023 with $0 in deferred long-term liabilities, $7.09 million in other current liabilities, 5000.00 in common stock, $-85630000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $32.49 million and cash and short-term investments were $32.49 million. The company’s total short-term debt was $861,000 while long-term debt stood at $0.

Vivani Medical Inc.’s total current assets stands at $36.22 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $1.99 million and inventory worth $0.

In 2023, Vivani Medical Inc.'s operating cash flow was $-44000.00 while its capital expenditure stood at $44000.

Comparatively, Vivani Medical Inc. paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$0.96

52-Week High

$3.24

52-Week Low

$0.7536

Analyst Target Price

$4

Vivani Medical Inc. stock is currently trading at $0.96 per share. It touched a 52-week high of $3.24 and a 52-week low of $3.24. Analysts tracking the stock have a 12-month average target price of $4.

Its 50-day moving average was $1.14 and 200-day moving average was $1.18 The short ratio stood at 7.8 indicating a short percent outstanding of 0%.

Around 4782.6% of the company’s stock are held by insiders while 847.6% are held by institutions.