Organovo Holdings Stock Price History

ONVO Stock  USD 1.03  0.02  1.98%   
Below is the normalized historical share price chart for Organovo Holdings extending back to February 14, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Organovo Holdings stands at 1.03, as last reported on the 28th of March, with the highest price reaching 1.03 and the lowest price hitting 1.03 during the day.
IPO Date
14th of February 2012
200 Day MA
1.288
50 Day MA
1.0226
Beta
0.902
 
Yuan Drop
 
Covid
If you're considering investing in Organovo Stock, it is important to understand the factors that can impact its price. Organovo Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0072, which implies the firm had a -0.0072% return per unit of risk over the last 3 months. Organovo Holdings exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Organovo Holdings' Semi Deviation of 3.17, risk adjusted performance of 0.0123, and Coefficient Of Variation of 15461.34 to confirm the risk estimate we provide.
  
At this time, Organovo Holdings' Total Stockholder Equity is very stable compared to the past year. As of the 28th of March 2024, Liabilities And Stockholders Equity is likely to grow to about 39.7 M, while Common Stock Total Equity is likely to drop 9,832. . As of the 28th of March 2024, Price Earnings Ratio is likely to drop to -2.7. In addition to that, Price To Sales Ratio is likely to drop to 89.04. Organovo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0072

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Estimated Market Risk

 4.39
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Organovo Holdings is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Organovo Holdings by adding Organovo Holdings to a well-diversified portfolio.
Price Book
1.6403
Enterprise Value Ebitda
(0.33)
Price Sales
41.9029
Shares Float
9.9 M
Wall Street Target Price
8.55

Organovo Holdings Stock Price History Chart

There are several ways to analyze Organovo Stock price data. The simplest method is using a basic Organovo candlestick price chart, which shows Organovo Holdings price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 3, 20241.17
Lowest PriceFebruary 9, 20240.9

Organovo Holdings March 28, 2024 Stock Price Synopsis

Various analyses of Organovo Holdings' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Organovo Stock. It can be used to describe the percentage change in the price of Organovo Holdings from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Organovo Stock.
Organovo Holdings Price Action Indicator 0.01 
Organovo Holdings Price Rate Of Daily Change 1.02 

Organovo Holdings March 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Organovo Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Organovo Holdings intraday prices and daily technical indicators to check the level of noise trading in Organovo Stock and then apply it to test your longer-term investment strategies against Organovo.

Organovo Stock Price History Data

The price series of Organovo Holdings for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 0.27 with a coefficient of variation of 4.95. The daily prices for the period are spread out with arithmetic mean of 1.05. The median price for the last 90 days is 1.03. The company underwent 1:20 stock split on 19th of August 2020. Organovo Holdings issued dividends to stockholders on 2020-08-19.
OpenHighLowCloseVolume
03/28/2024
 1.01  1.03  1.03  1.03 
03/27/2024 1.05  1.06  1.01  1.01  65,959 
03/26/2024 1.01  1.09  0.99  1.05  160,395 
03/25/2024 1.00  1.20  1.00  1.03  858,444 
03/22/2024 0.99  1.02  0.99  1.02  65,597 
03/21/2024 1.04  1.04  1.02  1.03  44,886 
03/20/2024 1.07  1.10  1.00  1.03  96,043 
03/19/2024 1.11  1.12  1.05  1.05  97,610 
03/18/2024 1.08  1.24  1.05  1.11  854,805 
03/15/2024 1.04  1.09  1.00  1.05  235,891 
03/14/2024 1.01  1.03  0.99  0.99  48,723 
03/13/2024 1.00  1.03  1.00  1.01  12,991 
03/12/2024 0.99  1.03  0.99  1.01  20,140 
03/11/2024 1.03  1.04  1.00  1.01  20,306 
03/08/2024 1.00  1.05  0.99  1.02  69,310 
03/07/2024 1.01  1.02  0.99  1.01  32,354 
03/06/2024 1.01  1.03  0.99  1.02  60,311 
03/05/2024 1.01  1.03  0.98  1.03  47,386 
03/04/2024 1.04  1.04  1.00  1.03  31,054 
03/01/2024 1.02  1.04  1.01  1.02  34,085 
02/29/2024 1.00  1.03  0.99  1.02  51,964 
02/28/2024 0.98  1.01  0.98  1.01  30,223 
02/27/2024 0.98  1.02  0.96  0.98  61,034 
02/26/2024 1.00  1.02  0.98  0.99  57,403 
02/23/2024 1.02  1.03  1.00  1.00  45,756 
02/22/2024 1.01  1.08  1.00  1.01  266,089 
02/21/2024 1.01  1.03  1.00  1.00  40,935 
02/20/2024 1.01  1.03  1.01  1.03  37,602 
02/16/2024 1.01  1.04  1.00  1.02  34,108 
02/15/2024 1.00  1.04  1.00  1.02  62,179 
02/14/2024 1.01  1.06  1.01  1.06  61,879 
02/13/2024 1.03  1.09  0.96  1.01  241,764 
02/12/2024 0.91  1.17  0.91  1.12  1,091,295 
02/09/2024 1.04  1.04  0.89  0.90  82,989 
02/08/2024 0.94  1.01  0.94  1.00  40,578 
02/07/2024 1.04  1.04  0.95  0.97  104,568 
02/06/2024 1.01  1.04  1.01  1.03  25,492 
02/05/2024 1.00  1.03  1.00  1.02  44,646 
02/02/2024 1.02  1.05  1.01  1.03  45,061 
02/01/2024 1.04  1.04  1.00  1.04  38,838 
01/31/2024 1.04  1.05  1.02  1.02  21,111 
01/30/2024 1.04  1.08  1.02  1.03  26,838 
01/29/2024 1.01  1.07  1.01  1.07  47,485 
01/26/2024 1.02  1.04  1.01  1.02  34,425 
01/25/2024 1.02  1.03  1.01  1.01  142,621 
01/24/2024 1.04  1.04  1.01  1.03  36,551 
01/23/2024 1.04  1.06  1.01  1.02  39,225 
01/22/2024 1.02  1.05  1.00  1.02  61,465 
01/19/2024 1.03  1.04  1.00  1.00  81,504 
01/18/2024 1.07  1.07  1.01  1.04  106,472 
01/17/2024 1.07  1.08  1.06  1.08  35,927 
01/16/2024 1.07  1.08  1.05  1.07  52,174 
01/12/2024 1.07  1.09  1.05  1.06  38,000 
01/11/2024 1.11  1.12  1.06  1.09  105,044 
01/10/2024 1.13  1.15  1.10  1.11  93,428 
01/09/2024 1.10  1.21  1.10  1.14  366,499 
01/08/2024 1.10  1.14  1.10  1.12  52,300 
01/05/2024 1.12  1.15  1.10  1.13  62,730 
01/04/2024 1.20  1.20  1.10  1.13  175,111 
01/03/2024 1.12  1.27  1.11  1.17  568,132 
01/02/2024 1.10  1.15  1.09  1.12  68,860 

About Organovo Holdings Stock history

Organovo Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Organovo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Organovo Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Organovo Holdings stock prices may prove useful in developing a viable investing in Organovo Holdings
Last ReportedProjected for 2024
Common Stock Shares Outstanding10 M5.8 M
Net Loss-19.8 M-20.8 M

Organovo Holdings Quarterly Net Working Capital

4.54 Million

Organovo Holdings Stock Technical Analysis

Organovo Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Organovo Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Organovo Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Organovo Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Organovo Holdings' price direction in advance. Along with the technical and fundamental analysis of Organovo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Organovo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Organovo Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Organovo Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Organovo Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Organovo Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Organovo Holdings. 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.
To learn how to invest in Organovo Stock, please use our How to Invest in Organovo Holdings guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Organovo Holdings' price analysis, check to measure Organovo Holdings' 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 Organovo Holdings is operating at the current time. Most of Organovo Holdings' value examination focuses on studying past and present price action to predict the probability of Organovo Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Organovo Holdings' price. Additionally, you may evaluate how the addition of Organovo Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Organovo Holdings' 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 Organovo Holdings. If investors know Organovo 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 Organovo Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.16)
Revenue Per Share
0.027
Quarterly Revenue Growth
(0.96)
Return On Assets
(0.73)
Return On Equity
(1.34)
The market value of Organovo Holdings is measured differently than its book value, which is the value of Organovo that is recorded on the company's balance sheet. Investors also form their own opinion of Organovo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Organovo Holdings' 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 Organovo Holdings' market value can be influenced by many factors that don't directly affect Organovo Holdings' 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 Organovo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Organovo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Organovo Holdings' 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.