Thursday, October 21, 2021

Newly Listed Movano Inc (MOVE) Stock Price Experience Volatility

Movano Inc. (MOVE) stock prices were down to USD$5.50 after having experienced a 2.65% decline as of the market close on April 16th, 2021. Subsequent pre-market fluctuations saw the price further fall to USD$5.30, a decrease of 3.64%.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Public Offering Right Out the Gate

The health technology company began trading on the Nasdaq Capital Market on March 23rd, 2021, announcing a public offering of its common stock the same day. The offering closed on March 25th, 2021 with 8.5 million shares of its common stock having been sold at a price of USD$5.00 per share. As an option offered to underwriters, n additional 1.275 million shares were purchased due to an over-allotment of shares.

Specifics of the Offering


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


The capital generated from this offering came out to USD$48.9 million before the deduction of costs associated with the offering. MOVE plans to allocate these funds towards its proprietary glucose and blood pressure monitoring technology, specifically to facilitate its development and advance the regulatory process. This technology will serve to facilitate the improvement of health outcomes in individuals with or at risk of various chronic diseases, such as diabetes and hypertension.

Promising History of Financials

According to the MOVE’s financial reports, the company saw consistent year-over-year growth in their Cash and Equivalents for the year of 2020 since their inception in 2018, with 2020 reporting USD$5.7 million in C&E whereas 2019 had reported USD$4.3 million. Total Receivables came out to USD$0.5 million for the year of 2020, compared the USD$0.1 million reported in 2019.

Consistent Growth from Year to Year

Total Current Assets climbed from USD$3.2 million in 2018 to USD$4.5 million in 2019, further climbing to USD$6.9 million reported for 2020. Total Assets for 2020 were USD$7.1 million, a considerable increase from the USD$4.9 million reported in 2019.

MOVE Liabilities

MOVE reported Total Current Liabilities of USD$1.2 million and Total Liabilities of USD$15.1 million for the year of 2020. This is compared to USD$0.9 million in both Total Current Liabilities and Total Liabilities for the year of 2019.

Where is MOVE Headed?

While it is too early to tell where such a newly-listed company is headed, these fiscal reports indicate substantial financial growth that is consistent from year to year. With a promising financial track record and the influx of capital from the public offering, MOVE is poised to capitalize on being listed on the Nasdaq Capital Market. Current investors are optimistic that with the new CEO, the company is headed in a direction that will facilitate shareholder value creation.

Latest news

Westwater Resources, Inc. (WWR) Stock Surging in Aftermarket, Here’s Why

Westwater Resources, Inc. (WWR), an energy materials developer, has soared 19.77% in the aftermarket trading session. As a result, WWR stock is changing hands...

Ra Medical Systems, Inc. (RMED) Stock Surging in Aftermarket

Ra Medical Systems, Inc. (RMED), a commercial-stage medical device company, has increased 11.30% in aftermarket trading session. Consequently, RMED stock was trading at $3.25...

Payoneer Inc. (PAYO) Stock Steadily Declining in Aftermarket Despite No Reason

Payoneer Inc. (PAYO), a cross-border payment and commerce-enabling platform is trading at $8.19 at the time of the writing after declining 0.73% in aftermarket...

Why Capstone Green Energy Corp. (CGRN) Stock Dipping in Aftermarket?

Capstone Green Energy Corp. (CGRN), a company designing, assembling, and manufacturing microturbine power generation systems, has declined 7.14% in aftermarket trading session and consequently,...

Related news

Westwater Resources, Inc. (WWR) Stock Surging in Aftermarket, Here’s Why

Westwater Resources, Inc. (WWR), an energy materials developer, has soared 19.77% in the aftermarket trading session. As a result, WWR stock is changing hands...

Ra Medical Systems, Inc. (RMED) Stock Surging in Aftermarket

Ra Medical Systems, Inc. (RMED), a commercial-stage medical device company, has increased 11.30% in aftermarket trading session. Consequently, RMED stock was trading at $3.25...

Payoneer Inc. (PAYO) Stock Steadily Declining in Aftermarket Despite No Reason

Payoneer Inc. (PAYO), a cross-border payment and commerce-enabling platform is trading at $8.19 at the time of the writing after declining 0.73% in aftermarket...

Why Capstone Green Energy Corp. (CGRN) Stock Dipping in Aftermarket?

Capstone Green Energy Corp. (CGRN), a company designing, assembling, and manufacturing microturbine power generation systems, has declined 7.14% in aftermarket trading session and consequently,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1745

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam