Movano Inc Stock Today

MOVE Stock  USD 0.36  0.01  2.86%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Movano is trading at 0.36 as of the 4th of October 2024, a 2.86 percent increase since the beginning of the trading day. The stock's lowest day price was 0.36. Movano has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Movano Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of October 2022 and ending today, the 4th of October 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
5th of August 1999
Category
Healthcare
Classification
Information Technology
Movano Inc. engages in developing a platform to deliver healthcare solutions at the intersection of medtech and consumer devices. Movano Inc. was incorporated in 2018 and is based in Pleasanton, California. Movano operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. The company has 98.95 M outstanding shares of which 438.08 K shares are now shorted by private and institutional investors with about 2.21 trading days to cover. More on Movano Inc

Moving against Movano Stock

  0.43EHGO Eshallgo Class APairCorr

Movano Stock Highlights

President CEOJohn Mastrototaro
Old NamePowerTap Hydrogen Capital Corp
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Swiss Performance Extra, NASDAQ Health Care, Swiss Performance Index, Information Technology, Technology Hardware, Storage & Peripherals, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities5.6 M5.9 M
Notably Down
Slightly volatile
Non Current Liabilities Total69.3 K73 K
Notably Down
Pretty Stable
Total Assets8.9 M9.4 M
Notably Down
Slightly volatile
Total Current Assets12.8 M8.5 M
Way Up
Slightly volatile
Debt Levels
Movano 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 Movano's financial leverage. It provides some insight into what part of Movano's total assets is financed by creditors.
Liquidity
Movano Inc currently holds 252 K in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Movano Inc has a current ratio of 6.64, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Movano's use of debt, we should always consider it together with its cash and equity.

Total Cash From Financing Activities

37.15 Million
Movano Inc (MOVE) is traded on NASDAQ Exchange in USA. It is located in 6800 Koll Center Parkway, Pleasanton, CA, United States, 94566 and employs 30 people. Movano is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.15 M. Movano Inc conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 98.95 M outstanding shares of which 438.08 K shares are now shorted by private and institutional investors with about 2.21 trading days to cover. Movano Inc currently holds about 21.3 M in cash with (26.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Movano Probability Of Bankruptcy
Ownership Allocation
Movano Inc maintains a total of 98.95 Million outstanding shares. Movano Inc secures 17.33 % of its outstanding shares held by insiders and 13.91 % owned by institutional investors. Please note that no matter how many assets the company has, 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 Movano Ownership Details

Movano Stock Institutional Holders

InstituionRecorded OnShares
Morton Capital Management Llc/ca2024-06-30
60 K
Northern Trust Corp2024-06-30
55 K
Virtu Financial Llc2024-06-30
55 K
State Street Corp2024-06-30
52.6 K
Jane Street Group, Llc2024-06-30
42.3 K
Ieq Capital, Llc2024-06-30
42.2 K
Tower Research Capital Llc2024-06-30
40.6 K
Citadel Advisors Llc2024-06-30
25 K
Commonwealth Equity Services Inc2024-06-30
18 K
Dorsey & Whitney Trust Co Llc2024-06-30
5.6 M
Vanguard Group Inc2024-06-30
1.8 M
View Movano Diagnostics

Movano Historical Income Statement

At present, Movano's Total Other Income Expense Net is projected to decrease significantly based on the last few years of reporting. The current year's Net Interest Income is expected to grow to about 427.4 K, whereas Selling General Administrative is forecasted to decline to about 12.2 M. View More Fundamentals

Movano Stock Against Markets

Movano Corporate Management

Phil KellySenior EngineeringProfile
Tyla BucherChief OfficerProfile
Michael SouleChief OfficerProfile
Stacy SalviVice StrategyProfile
Michael LeabmanCTO FounderProfile

Additional Information and Resources on Investing in Movano Stock

When determining whether Movano Inc is a strong investment it is important to analyze Movano's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Movano's future performance. For an informed investment choice regarding Movano Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movano Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Movano. If investors know Movano will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Movano listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
0.013
Return On Assets
(0.89)
Return On Equity
(1.81)
The market value of Movano Inc is measured differently than its book value, which is the value of Movano that is recorded on the company's balance sheet. Investors also form their own opinion of Movano's value that differs from its market value or its book value, called intrinsic value, which is Movano's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Movano's market value can be influenced by many factors that don't directly affect Movano's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Movano's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movano is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movano's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.