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NASDAQ:MNOV

MediciNova (MNOV) Stock Price, News & Analysis

MediciNova logo
$1.66
-0.02 (-1.19%)
(As of 11/1/2024 ET)

About MediciNova Stock (NASDAQ:MNOV)

Key Stats

Today's Range
$1.63
$1.85
50-Day Range
$1.27
$2.10
52-Week Range
$1.12
$2.16
Volume
36,477 shs
Average Volume
38,655 shs
Market Capitalization
$81.42 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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, as well as prevention of acute respiratory distress syndrome, and long COVID. 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 fatty liver disease and idiopathic pulmonary fibrosis; and MN-029 (denibulin), a tubulin binding agent for treating solid tumor cancers. It has license agreements with 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.

MediciNova Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
3rd Percentile Overall Score

MNOV MarketRank™: 

MediciNova scored higher than 3% of companies evaluated by MarketBeat, and ranked 963rd out of 975 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for MediciNova are expected to decrease in the coming year, from ($0.23) to ($0.24) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MediciNova is -10.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MediciNova is -10.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    MediciNova has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about MediciNova's valuation and earnings.
  • Percentage of Shares Shorted

    0.43% of the float of MediciNova has been sold short.
  • Short Interest Ratio / Days to Cover

    MediciNova has a short interest ratio ("days to cover") of 5.2.
  • Change versus previous month

    Short interest in MediciNova has recently increased by 0.71%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    MediciNova does not currently pay a dividend.

  • Dividend Growth

    MediciNova does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.43% of the float of MediciNova has been sold short.
  • Short Interest Ratio / Days to Cover

    MediciNova has a short interest ratio ("days to cover") of 5.2.
  • Change versus previous month

    Short interest in MediciNova has recently increased by 0.71%, indicating that investor sentiment is decreasing.
  • News Sentiment

    MediciNova has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for MediciNova this week, compared to 1 article on an average week.
  • MarketBeat Follows

    Only 1 people have added MediciNova to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MediciNova insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    14.90% of the stock of MediciNova is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 9.90% of the stock of MediciNova is held by institutions.

  • Read more about MediciNova's insider trading history.
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MNOV Stock News Headlines

MediciNova announces update of Phase 2/3 MN-166 trial at NEALS meeting
True paradigm shift
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
See More Headlines

MNOV Stock Analysis - Frequently Asked Questions

MediciNova's stock was trading at $1.50 at the beginning of the year. Since then, MNOV stock has increased by 10.7% and is now trading at $1.66.
View the best growth stocks for 2024 here
.

MediciNova, Inc. (NASDAQ:MNOV) posted its earnings results on Thursday, August, 8th. The biopharmaceutical company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01.

Shares of MNOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MediciNova investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NIO (NIO), AST SpaceMobile (ASTS), Virgin Galactic (SPCE) and Inuvo (INUV).

Company Calendar

Last Earnings
8/08/2024
Today
11/02/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:MNOV
Employees
10
Year Founded
2000

Profitability

Net Income
$-8,560,000.00
Pretax Margin
-816.10%

Debt

Sales & Book Value

Annual Sales
$1 million
Book Value
$1.27 per share

Miscellaneous

Free Float
41,738,000
Market Cap
$81.42 million
Optionable
Optionable
Beta
0.75

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This page (NASDAQ:MNOV) was last updated on 11/2/2024 by MarketBeat.com Staff
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