Movano Inc Stock Today

MOVE Stock  USD 0.48  0.02  4.00%   

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Movano is trading at 0.48 as of the 29th of April 2024, a -4% down since the beginning of the trading day. The stock's lowest day price was 0.46. Movano has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over 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 1st of November 2023 and ending today, the 29th of April 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 98.23 M outstanding shares of which 229.58 K shares are now shorted by private and institutional investors with about 0.42 trading days to cover. More on Movano Inc

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Movano Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Movano's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Movano or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOJohn Mastrototaro
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, Information Technology, Technology Hardware, Storage & Peripherals, Medical Devices, Healthcare (View all Sectors)
Movano's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Movano's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Movano's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Movano deploys its capital and how much of that capital is borrowed.
Liquidity
Movano cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 426 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. Debt can assist Movano until it has trouble settling it off, either with new capital or with free cash flow. So, Movano's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Movano Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Movano to invest in growth at high rates of return. When we think about Movano's use of debt, we should always consider it together with 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 46.66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Movano's market, we take the total number of its shares issued and multiply it by Movano's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Movano Inc conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 98.23 M outstanding shares of which 229.58 K shares are now shorted by private and institutional investors with about 0.42 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 98.23 Million outstanding shares. Movano Inc secures 15.65 % of its outstanding shares held by insiders and 13.19 % 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 Price Odds Analysis

What are Movano's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Movano jumping above the current price in 90 days from now is about 78.78%. The Movano Inc probability density function shows the probability of Movano stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Movano has a beta of 0.1117. This indicates as returns on the market go up, Movano average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Movano Inc will be expected to be much smaller as well. Additionally, movano Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.48HorizonTargetOdds Above 0.48
21.13%90 days
 0.48 
78.78%
Based on a normal probability distribution, the odds of Movano to move above the current price in 90 days from now is about 78.78 (This Movano Inc probability density function shows the probability of Movano Stock to fall within a particular range of prices over 90 days) .

Movano Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Movano that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Movano's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Movano's value.
InstituionRecorded OnShares
Northern Trust Corp2023-12-31
51.9 K
Ieq Capital, Llc2023-12-31
42.2 K
Tiaa Trust National Association2023-12-31
28 K
Ubs Group Ag2023-12-31
20.3 K
Charles Schwab Investment Management Inc2023-12-31
16.7 K
Citadel Advisors Llc2023-09-30
15.6 K
State Street Corporation2023-12-31
14.3 K
Morton Capital Management Llc/ca2024-03-31
14 K
National Asset Management Inc2023-12-31
13 K
Dorsey & Whitney Trust Co Llc2023-12-31
3.8 M
Vanguard Group Inc2023-12-31
1.8 M
View Movano Diagnostics

Movano Historical Income Statement

Movano Inc Income Statement is one of the three primary financial statements used for reporting Movano's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Movano Inc revenue and expense. Movano Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Movano's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 160.6 K, whereas Selling General Administrative is forecasted to decline to about 12.2 M. View More Fundamentals

Movano Stock Against Markets

Picking the right benchmark for Movano stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Movano stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Movano is critical whether you are bullish or bearish towards Movano Inc at a given time. Please also check how Movano's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Movano without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Movano Corporate Management

Elected by the shareholders, the Movano's board of directors comprises two types of representatives: Movano inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Movano. The board's role is to monitor Movano's management team and ensure that shareholders' interests are well served. Movano's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Movano's outside directors are responsible for providing unbiased perspectives on the board's policies.
Phil KellySenior EngineeringProfile
Tyla BucherChief OfficerProfile
Stacy SalviVice StrategyProfile
Michael LeabmanCTO FounderProfile

How to buy Movano Stock?

Before investing in Movano, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Movano. To buy Movano stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Movano. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Movano stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Movano Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Movano Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Movano Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Movano Stock please use our How to Invest in Movano guide.

Already Invested in Movano Inc?

The danger of trading Movano Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Movano is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Movano. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Movano Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Movano's price analysis, check to measure Movano'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 Movano is operating at the current time. Most of Movano's value examination focuses on studying past and present price action to predict the probability of Movano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movano's price. Additionally, you may evaluate how the addition of Movano to your portfolios can decrease your overall portfolio volatility.
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Is Movano's industry 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
(0.63)
Return On Assets
(1.64)
Return On Equity
(5.15)
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.