Vivani Medical Stock Today

VANI Stock  USD 1.66  0.01  0.60%   

Performance

0 of 100

 
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Odds Of Distress

Over 84

 
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Vivani Medical is trading at 1.66 as of the 29th of May 2024. This is a -0.6 percent down since the beginning of the trading day. The stock's open price was 1.67. Vivani Medical 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 Vivani Medical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2024 and ending today, the 29th of May 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
19th of November 2014
Category
Healthcare
Classification
Health Care
Vivani Medical, Inc., a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles and implantable visual prostheses devices to deliver useful artificial vision to blind individuals. The company has 54.98 M outstanding shares of which 680.81 K shares are at this time shorted by private and institutional investors with about 6.18 trading days to cover. More on Vivani Medical

Vivani 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. Vivani Medical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vivani Medical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaMedical Equipment (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Medical Equipment, Health Care, Biotechnology, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Vivani Medical report their recommendations after researching Vivani Medical's financial statements, talking to executives and customers, or listening in on Vivani Medical's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Vivani Medical. The Vivani consensus assessment is calculated by taking the average forecast from all of the analysts covering Vivani Medical.
Financial Strength
Based on the analysis of Vivani Medical's profitability, liquidity, and operating efficiency, Vivani Medical is not in a good financial situation at this time. It has a very high odds of going through financial crisis in June. Financial strength of Vivani Medical is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.230.18
Significantly Up
Pretty Stable
Total Current LiabilitiesM5.7 M
Sufficiently Up
Pretty Stable
Non Current Liabilities Total20.3 M19.3 M
Sufficiently Up
Very volatile
Total Assets23.7 M45.8 M
Way Down
Slightly volatile
Total Current Assets19.6 M23.1 M
Fairly Down
Pretty Stable
Vivani Medical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Vivani Medical'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 Vivani Medical's financial leverage. It provides some insight into what part of Vivani Medical's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Vivani Medical'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 Vivani Medical deploys its capital and how much of that capital is borrowed.
Liquidity
Vivani Medical 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 20.7 M in liabilities. Vivani Medical has a current ratio of 1.32, which is within standard range for the sector. Debt can assist Vivani Medical until it has trouble settling it off, either with new capital or with free cash flow. So, Vivani Medical'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 Vivani Medical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vivani to invest in growth at high rates of return. When we think about Vivani Medical's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(25.82 Million)
Vivani Medical (VANI) is traded on NASDAQ Exchange in USA. It is located in 5858 Horton Street, EmeryVille, CA, United States, 94608 and employs 36 people. Vivani Medical is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 91.81 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Vivani Medical's market, we take the total number of its shares issued and multiply it by Vivani Medical'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. Vivani Medical conducts business under Biotechnology sector and is part of Health Care industry. The entity has 54.98 M outstanding shares of which 680.81 K shares are at this time shorted by private and institutional investors with about 6.18 trading days to cover. Vivani Medical currently holds about 3.45 M in cash with (23.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28.
Check Vivani Medical Probability Of Bankruptcy
Ownership Allocation
Vivani Medical shows a total of 54.98 Million outstanding shares. Vivani Medical maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Vivani Ownership Details

Vivani Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Vivani Medical that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Vivani Medical'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 Vivani Medical's value.
InstituionRecorded OnShares
Renaissance Technologies Corp2023-12-31
15.7 K
Tower Research Capital Llc2023-12-31
11.3 K
Susquehanna International Group, Llp2023-12-31
10.6 K
Simplex Trading, Llc2024-03-31
2.2 K
Ubs Group Ag2023-12-31
1.2 K
Morgan Stanley - Brokerage Accounts2023-12-31
816
Goss Wealth Management Llc2023-12-31
333
Wells Fargo & Co2023-12-31
219
Royal Bank Of Canada2023-12-31
178
Tanager Wealth Management Llp2024-03-31
1.3 M
Vanguard Group Inc2024-03-31
850.1 K
View Vivani Medical Diagnostics

Vivani Medical Historical Income Statement

Vivani Medical Income Statement is one of the three primary financial statements used for reporting Vivani's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Vivani Medical revenue and expense. Vivani Medical Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Vivani Medical's Reconciled Depreciation is increasing as compared to previous years. View More Fundamentals

Vivani Stock Against Markets

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

Elected by the shareholders, the Vivani Medical's board of directors comprises two types of representatives: Vivani Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vivani. The board's role is to monitor Vivani Medical's management team and ensure that shareholders' interests are well served. Vivani Medical'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, Vivani Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brigid MakesChief OfficerProfile
Adam MendelsohnChairman CoFounderProfile
Truc MBAChief OfficerProfile
Donald MBAChief OfficerProfile
Lisa MDChief OfficerProfile
Kayte FischerCoFounderProfile

How to buy Vivani Stock?

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

Already Invested in Vivani Medical?

The danger of trading Vivani Medical 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 Vivani Medical 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 Vivani Medical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vivani Medical 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 Vivani Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vivani Medical's 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 Vivani Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vivani Medical Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Vivani Medical's price analysis, check to measure Vivani Medical'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 Vivani Medical is operating at the current time. Most of Vivani Medical's value examination focuses on studying past and present price action to predict the probability of Vivani Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vivani Medical's price. Additionally, you may evaluate how the addition of Vivani Medical to your portfolios can decrease your overall portfolio volatility.
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Is Vivani Medical'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 Vivani Medical. If investors know Vivani 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 Vivani Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.50)
Return On Assets
(0.34)
Return On Equity
(0.76)
The market value of Vivani Medical is measured differently than its book value, which is the value of Vivani that is recorded on the company's balance sheet. Investors also form their own opinion of Vivani Medical's value that differs from its market value or its book value, called intrinsic value, which is Vivani Medical'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 Vivani Medical's market value can be influenced by many factors that don't directly affect Vivani Medical'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 Vivani Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivani Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivani Medical'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.