Nanovibronix Stock Today

NAOV Stock  USD 0.80  0.05  6.67%   

Performance

0 of 100

 
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Odds Of Distress

Less than 42

 
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Below Average
NanoVibronix is selling for under 0.8 as of the 23rd of April 2024; that is 6.67 percent increase since the beginning of the trading day. The stock's lowest day price was 0.75. NanoVibronix has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for NanoVibronix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
27th of June 2017
Category
Healthcare
Classification
Health Care
NanoVibronix, Inc., through its subsidiary, NanoVibronix Ltd., focuses on the manufacture and sale of noninvasive biological response-activating devices that target biofilm prevention, wound healing, and pain therapy. NanoVibronix, Inc. was incorporated in 2003 and is based in Elmsford, New York. The company has 2.78 M outstanding shares of which 2.71 K shares are now shorted by private and institutional investors with about 0.08 trading days to cover. More on NanoVibronix

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NanoVibronix 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. NanoVibronix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NanoVibronix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, DirectorBrian Murphy
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Financial Strength
Based on the key measurements obtained from NanoVibronix's financial statements, NanoVibronix is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of NanoVibronix is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.250.3421
Way Down
Very volatile
Gross Profit Margin0.610.6732
Moderately Down
Slightly volatile
Total Current Liabilities1.8 M2.5 M
Way Down
Pretty Stable
Non Current Liabilities Total220.4 K232 K
Notably Down
Slightly volatile
Total Assets3.7 M6.7 M
Way Down
Slightly volatile
Total Current Assets3.3 M6.5 M
Way Down
Slightly volatile
NanoVibronix's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NanoVibronix'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 NanoVibronix's financial leverage. It provides some insight into what part of NanoVibronix's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on NanoVibronix'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 NanoVibronix deploys its capital and how much of that capital is borrowed.
Liquidity
NanoVibronix 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 5 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. NanoVibronix has a current ratio of 3.01, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist NanoVibronix until it has trouble settling it off, either with new capital or with free cash flow. So, NanoVibronix'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 NanoVibronix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NanoVibronix to invest in growth at high rates of return. When we think about NanoVibronix's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

950
NanoVibronix (NAOV) is traded on NASDAQ Exchange in USA. It is located in 525 Executive Boulevard, Elmsford, NY, United States, 10523 and employs 10 people. NanoVibronix is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NanoVibronix's market, we take the total number of its shares issued and multiply it by NanoVibronix'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. NanoVibronix conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 2.78 M outstanding shares of which 2.71 K shares are now shorted by private and institutional investors with about 0.08 trading days to cover. NanoVibronix currently holds about 3.94 M in cash with (3.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Check NanoVibronix Probability Of Bankruptcy
Ownership Allocation
Roughly 88.0 % of NanoVibronix outstanding shares are held by general public with 0.421 pct. owned by insiders and only 12.0 % by institutional investors.
Check NanoVibronix Ownership Details

NanoVibronix Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of NanoVibronix jumping above the current price in 90 days from now is about 85.92%. The NanoVibronix probability density function shows the probability of NanoVibronix stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days NanoVibronix has a beta of 0.5432. This indicates as returns on the market go up, NanoVibronix average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NanoVibronix will be expected to be much smaller as well. Additionally, nanoVibronix 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 0.8HorizonTargetOdds Above 0.8
14.01%90 days
 0.80 
85.92%
Based on a normal probability distribution, the odds of NanoVibronix to move above the current price in 90 days from now is about 85.92 (This NanoVibronix probability density function shows the probability of NanoVibronix Stock to fall within a particular range of prices over 90 days) .

NanoVibronix Stock Institutional Holders

Institutional Holdings refers to the ownership stake in NanoVibronix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NanoVibronix'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 NanoVibronix's value.
InstituionRecorded OnShares
Armistice Capital, Llc2023-12-31
0.0
Virtu Financial Llc2023-12-31
0.0
Hrt Financial Llc2023-12-31
0.0
Renaissance Technologies Corp2023-12-31
41.2 K
Vanguard Group Inc2023-12-31
30.2 K
Geode Capital Management, Llc2023-12-31
14.5 K
Amtrust Financial Services Inc2023-12-31
12.4 K
Tower Research Capital Llc2023-12-31
5.3 K
Ubs Group Ag2023-12-31
3.5 K
Blackrock Inc2023-12-31
74.0
Wells Fargo & Co0031-12-31
13.0
View NanoVibronix Diagnostics

NanoVibronix Historical Income Statement

NanoVibronix Income Statement is one of the three primary financial statements used for reporting NanoVibronix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NanoVibronix revenue and expense. NanoVibronix Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, NanoVibronix's Depreciation And Amortization is fairly stable compared to the past year. Total Revenue is likely to climb to about 2.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024. View More Fundamentals

NanoVibronix Stock Against Markets

Picking the right benchmark for NanoVibronix 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 NanoVibronix 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 NanoVibronix is critical whether you are bullish or bearish towards NanoVibronix at a given time. Please also check how NanoVibronix'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 NanoVibronix 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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NanoVibronix Corporate Directors

NanoVibronix corporate directors refer to members of a NanoVibronix board of directors. The board of directors generally takes responsibility for the NanoVibronix's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NanoVibronix's board members must vote for the resolution. The NanoVibronix board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Thomas MikaIndependent DirectorProfile
Harold JacobChief Medical Officer, DirectorProfile
Martin GoldsteinDirectorProfile
Michael FergusonIndependent DirectorProfile

How to buy NanoVibronix Stock?

Before investing in NanoVibronix, 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 NanoVibronix. To buy NanoVibronix stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of NanoVibronix. 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 NanoVibronix stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located NanoVibronix 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 NanoVibronix 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 NanoVibronix, 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 NanoVibronix Stock please use our How to Invest in NanoVibronix guide.

Already Invested in NanoVibronix?

The danger of trading NanoVibronix 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 NanoVibronix 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 NanoVibronix. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NanoVibronix 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 NanoVibronix is a strong investment it is important to analyze NanoVibronix'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 NanoVibronix's future performance. For an informed investment choice regarding NanoVibronix Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NanoVibronix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy NanoVibronix Stock please use our How to Invest in NanoVibronix guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running NanoVibronix's price analysis, check to measure NanoVibronix'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 NanoVibronix is operating at the current time. Most of NanoVibronix's value examination focuses on studying past and present price action to predict the probability of NanoVibronix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NanoVibronix's price. Additionally, you may evaluate how the addition of NanoVibronix to your portfolios can decrease your overall portfolio volatility.
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Is NanoVibronix'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 NanoVibronix. If investors know NanoVibronix 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 NanoVibronix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.12)
Revenue Per Share
1.304
Quarterly Revenue Growth
3.722
Return On Assets
(0.31)
Return On Equity
(1.03)
The market value of NanoVibronix is measured differently than its book value, which is the value of NanoVibronix that is recorded on the company's balance sheet. Investors also form their own opinion of NanoVibronix's value that differs from its market value or its book value, called intrinsic value, which is NanoVibronix'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 NanoVibronix's market value can be influenced by many factors that don't directly affect NanoVibronix'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 NanoVibronix's value and its price as these two are different measures arrived at by different means. Investors typically determine if NanoVibronix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NanoVibronix'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.