Organovo (ONVO) Stock Price, News & Analysis

Company Overview

Organovo Holdings, Inc., a biotechnology company, focuses on developing 3D tissues that recapitulate key aspects of human disease. Its 3D human tissue platform includes its proprietary NovoGen Bioprinters, which are automated devices that enable the fabrication of 3D living tissues comprised mammalian cells; and related technologies for preparing bio-inks and bioprinting multicellular tissues with complex architecture. The company offers ExVive 3D bioprinted human liver tissue with distinct hepatocellular and non-parenchymal cell compartments. The company was incorporated in 2007 and is headquartered in San Diego, California.

Key Stats

• Today's Range: $0.32 to $0.39
• 50-Day Range: $0.34 to $0.55
• 52-Week Range: $0.32 to $1.74
• Volume: 583,138 shs
• Average Volume: 122,546 shs
• Market Capitalization: $5.38 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Organovo Stock Analysis - MarketRank™

Organovo scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Organovo.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Organovo are expected to grow in the coming year, from ($0.77) to ($0.75) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Organovo is -0.33, 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 Organovo is -0.33, 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

Organovo has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.95% of the outstanding shares of Organovo have been sold short.

Short Interest Ratio / Days to Cover

Organovo has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Organovo has recently increased by 271.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Organovo does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.95% of the outstanding shares of Organovo have been sold short.

Short Interest Ratio / Days to Cover

Organovo has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Organovo has recently increased by 271.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.80

News Sentiment

Organovo has a news sentiment score of 0.80. 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 is a higher news sentiment than the 0.46 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Organovo this week, compared to 0 articles on an average week.

Search Interest

2 people have searched for ONVO on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 3.72% of the stock of Organovo is held by insiders.

Percentage Held by Institutions

Only 8.23% of the stock of Organovo is held by institutions.

ONVO Stock Analysis - Frequently Asked Questions

How have ONVO shares performed this year?

Organovo's stock was trading at $1.11 on January 1st, 2024. Since then, ONVO shares have decreased by 68.5% and is now trading at $0.35.
View the best growth stocks for 2024 here.

How were Organovo's earnings last quarter?

Organovo Holdings, Inc. (NASDAQ:ONVO) released its quarterly earnings results on Thursday, August, 8th. The medical research company reported ($1.00) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($1.00). The medical research company had revenue of $0.67 million for the quarter, compared to the consensus estimate of $0.77 million. Organovo had a negative trailing twelve-month return on equity of 249.28% and a negative net margin of 12,176.70%.

When did Organovo's stock split?

Organovo shares reverse split on Wednesday, August 19th 2020. The 1-20 reverse split was announced on Monday, August 17th 2020. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, August 18th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of Organovo?

Shares of ONVO 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.

What other stocks do shareholders of Organovo own?

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

Company Calendar

• Last Earnings: 8/08/2019
• Today: 11/21/2024
• Next Earnings (Estimated): 2/13/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Biological products, except diagnostic
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:ONVO
• CUSIP: N/A
• CIK: 1497253
• Web: www.organovo.com
• Phone: (858) 224-1000
• Fax: N/A
• Employees: 20
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-14,670,000.00
• Net Margins: -12,176.70%
• Pretax Margin: -12,174.76%
• Return on Equity: -249.28%
• Return on Assets: -159.50%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.98
• Quick Ratio: 1.72

Sales & Book Value

• Annual Sales: $110,000.00
• Price / Sales: 48.90
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.36 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 15,370,000
• Free Float: 14,794,000
• Market Cap: $5.38 million
• Optionable: Optionable
• Beta: 0.62