InVivo Therapeutics Holdings Corp. (NASDAQ:NVIV) shares traded -46.48% lower at $1.14 on Wall Street last session.
In accordance with the data, 1 analysts cover InVivo Therapeutics Holdings Corp. (NASDAQ:NVIV). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $937.50 and a low of $937.50, we find $937.50. Given the previous closing price of $2.13, this indicates a potential upside of 43914.08 percent. NVIV stock price is now -48.88% away from the 50-day moving average and -68.93% away from the 200-day moving average. The market capitalization of the company currently stands at $2.19M.
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It has been rated a hold by 0 analysts and a buy by 1. Brokers who have rated the stock have averaged $937.50 as their price target over the next twelve months.
, while ‘Ladenburg Thalmann’ rates the stock as ‘Buy’.
A total of 0.22% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in NVIV stock. A new stake in InVivo Therapeutics Holdings Corp. shares was purchased by ARMISTICE CAPITAL, LLC during the first quarter worth $253,000. In total, there are 17 active investors with 8.60% ownership of the company’s stock.
InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) opened at $1.2000 on Thursday. During the past 12 months, InVivo Therapeutics Holdings Corp. has had a low of $1.61 and a high of $13.77. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.60, and a quick ratio of 4.60. The fifty day moving average price for NVIV is $2.2318 and a two-hundred day moving average price translates $3.6699 for the stock.
The latest earnings results from InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) was released for Sep, 2022.
InVivo Therapeutics Holdings Corp.(NVIV) Company Profile
InVivo Therapeutics Holdings Corp., a research and clinical-stage biomaterials and biotechnology company, engages in developing and commercializing biopolymer scaffolding devices for the treatment of spinal cord injuries (SCI). It is developing a Neuro-Spinal Scaffold implant, which is an investigational bioresorbable polymer scaffold that is designed for implantation at the site of injury within a spinal cord to treat acute SCI. The company was incorporated in 2003 and is headquartered in Cambridge, Massachusetts.
