Cvrx Inc Stock Today

CVRX Stock  USD 8.44  0.49  5.49%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 85

 
High
 
Low
Very High
CVRx is trading at 8.44 as of the 27th of September 2024; that is 5.49 percent decrease since the beginning of the trading day. The stock's open price was 8.93. CVRx has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for CVRx Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of August 2024 and ending today, the 27th of September 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
30th of June 2021
Category
Healthcare
Classification
Health Care
CVRx, Inc., a commercial-stage medical device company, focuses on developing, manufacturing, and commercializing neuromodulation solutions for patients with cardiovascular diseases. CVRx, Inc. was incorporated in 2000 and is headquartered in Minneapolis, Minnesota. The company has 21.79 M outstanding shares of which 2.02 M shares are currently shorted by private and institutional investors with about 6.1 trading days to cover. More on CVRx Inc

Moving together with CVRx Stock

  0.68EW Edwards Lifesciences CorpPairCorr
  0.67DXCM DexCom IncPairCorr

Moving against CVRx Stock

  0.6ABT Abbott Laboratories Fiscal Year End 22nd of January 2025 PairCorr
  0.51BVS BioventusPairCorr
  0.47CAH Cardinal HealthPairCorr
  0.33ELMD ElectromedPairCorr

CVRx Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEONadim Yared
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.360.341
Notably Up
Pretty Stable
Gross Profit Margin0.620.8408
Way Down
Very volatile
Total Current Liabilities6.2 M7.9 M
Significantly Down
Slightly volatile
Non Current Liabilities Total29.8 M31.4 M
Notably Down
Slightly volatile
Total Assets107.1 M115.2 M
Significantly Down
Slightly volatile
Total Current Assets105.4 M112.1 M
Notably Down
Slightly volatile
Debt Levels
CVRx can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CVRx's financial leverage. It provides some insight into what part of CVRx's total assets is financed by creditors.
Liquidity
CVRx Inc currently holds 30.61 M in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. CVRx Inc has a current ratio of 16.48, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about CVRx's use of debt, we should always consider it together with its cash and equity.

Depreciation

271,260
CVRx Inc (CVRX) is traded on NASDAQ Exchange in USA. It is located in 9201 West Broadway Avenue, Minneapolis, MN, United States, 55445 and employs 200 people. CVRx is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 194.55 M. CVRx Inc conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 21.79 M outstanding shares of which 2.02 M shares are currently shorted by private and institutional investors with about 6.1 trading days to cover. CVRx Inc currently holds about 109.98 M in cash with (39.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.34.
Check CVRx Probability Of Bankruptcy
Ownership Allocation
CVRx holds a total of 21.79 Million outstanding shares. The majority of CVRx Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CVRx Inc to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in CVRx. Please pay attention to any change in the institutional holdings of CVRx Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CVRx Ownership Details

CVRx Stock Institutional Holders

InstituionRecorded OnShares
Silvercrest Asset Management Group Llc2024-06-30
257.3 K
State Street Corp2024-06-30
237.7 K
Morgan Stanley - Brokerage Accounts2024-06-30
191.4 K
Archon Capital Management Llc2024-06-30
164.3 K
Norges Bank2024-06-30
149.2 K
Mairs & Power Inc2024-06-30
139.6 K
Northern Trust Corp2024-06-30
95.7 K
Squarepoint Ops Llc2024-06-30
92 K
D. E. Shaw & Co Lp2024-06-30
64.1 K
Johnson & Johnson2024-06-30
4.1 M
Nea Management Company, Llc2024-06-30
2.4 M
View CVRx Diagnostics

CVRx Historical Income Statement

At this time, CVRx's Depreciation And Amortization is fairly stable compared to the past year. Total Revenue is likely to rise to about 41.3 M in 2024, whereas Tax Provision is likely to drop slightly above 108.7 K in 2024. View More Fundamentals

CVRx Stock Against Markets

CVRx Corporate Management

RN MBAReimbursement, AccessProfile
Tonya SPHRChief OfficerProfile
Jared OasheimChief OfficerProfile
Paul VerrastroChief OfficerProfile
Craig PalmerSenior SalesProfile

Additional Tools for CVRx Stock Analysis

When running CVRx's price analysis, check to measure CVRx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVRx is operating at the current time. Most of CVRx's value examination focuses on studying past and present price action to predict the probability of CVRx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVRx's price. Additionally, you may evaluate how the addition of CVRx to your portfolios can decrease your overall portfolio volatility.