Organovo Holdings, Inc. (ONVO) – Booming Business, But Richly Valued Stock

    Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Organovo Holdings, Inc. (ONVO) was $0.51. Currently, the 1st Resistance Point for this stock is $0.53, with a 2nd Resistance Point sitting at $0.55. Meanwhile, this company’s stock has a 1st Support Level at $0.49 and a 2nd Support Level at $0.46. Organovo Holdings, Inc. (ONVO) stock has gained $0.07, or 14.98%, in the past five days. In the last full month, these shares have lost -$0.47, or -48.31%. In the past three months, this stock’s price has fallen by -$0.59, or -53.95%. This year-to-date, Organovo Holdings, Inc. (ONVO) shares have lost -$0.45, or -47.23%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Organovo Holdings, Inc. (ONVO) stock, 20% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

    With 119,493 K shares outstanding, this company currently has a market capitalization of $60,344K. Organovo Holdings, Inc. (ONVO) generates $3,090 K in annual sales, amounting to annual net income of -$26,640 K. This stock has generated a 1-Year Total Return of -65.30%, a 3-Year Total Return of -83.76%, and a 5-year Total Return of -93.02%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

    For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is -$0.05 per share. This estimate came from a total of 1 Wall Street Analysts. Of those market experts, the high estimate was -$0.05 and the low estimate was -$0.05. In the year-ago quarter, Organovo Holdings, Inc. (ONVO) generated per-share earnings of -$0.07. If the analysts are correct about the current quarter’s earnings, the growth will be +28.57% .

    Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 4 sale (42,169 shares in total) in the last 3 months. In the last 6 months, there have been 0 insider buys amounting to 0 shares and 8 insider sales amounting to 87,979 shares. In the past full year, 2 insider purchases were made (involving 202,478 shares) and 20 insider sell-offs equivalent to 250,454 shares.

    Moving onto liquidity, Organovo Holdings, Inc. (ONVO) has a Current Ratio of 10.32, a Quick Ratio of 10.19 and a Cash Ratio of 9.76.