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Neovasc TSX:NVCN Stock Report

Last Price

CA$40.15

Market Cap

CA$110.8m

7D

0.6%

1Y

224.4%

Updated

13 Apr, 2023

Data

Company Financials +

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

NVCN Stock Overview

Neovasc Inc., a specialty medical device company, develops, manufactures, and markets products for cardiovascular marketplace in Europe and internationally.

NVCN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Neovasc Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Neovasc
Historical stock prices
Current Share PriceCA$40.15
52 Week HighCA$41.20
52 Week LowCA$6.00
Beta1.98
1 Month Change0.35%
3 Month Change39.90%
1 Year Change224.44%
3 Year Change-56.12%
5 Year Change-97.32%
Change since IPO-99.98%

Recent News & Updates

Is Neovasc (TSE:NVCN) Using Too Much Debt?

Jan 06
Is Neovasc (TSE:NVCN) Using Too Much Debt?

Recent updates

Is Neovasc (TSE:NVCN) Using Too Much Debt?

Jan 06
Is Neovasc (TSE:NVCN) Using Too Much Debt?

Is Neovasc (TSE:NVCN) Using Debt Sensibly?

Jun 11
Is Neovasc (TSE:NVCN) Using Debt Sensibly?

What You Need To Know About Neovasc Inc.'s (TSE:NVCN) Investor Composition

Feb 14
What You Need To Know About Neovasc Inc.'s (TSE:NVCN) Investor Composition

Shareholder Returns

NVCNCA Medical EquipmentCA Market
7D0.6%-1.6%0.2%
1Y224.4%-20.8%9.0%

Return vs Industry: NVCN exceeded the Canadian Medical Equipment industry which returned -20.8% over the past year.

Return vs Market: NVCN exceeded the Canadian Market which returned -8.9% over the past year.

Price Volatility

Is NVCN's price volatile compared to industry and market?
NVCN volatility
NVCN Average Weekly Movement10.5%
Medical Equipment Industry Average Movement12.1%
Market Average Movement8.6%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.1%

Stable Share Price: NVCN's share price has been volatile over the past 3 months.

Volatility Over Time: NVCN's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200060Fred Colenhttps://neovasc.com

Neovasc Inc., a specialty medical device company, develops, manufactures, and markets products for cardiovascular marketplace in Europe and internationally. Its products include Tiara for the transcatheter treatment of mitral valve disease; and the Neovasc Reducer for the treatment of refractory angina. The company was formerly known as Medical Ventures Corp. and changed its name to Neovasc Inc. in July 2008.

Neovasc Inc. Fundamentals Summary

How do Neovasc's earnings and revenue compare to its market cap?
NVCN fundamental statistics
Market capCA$110.78m
Earnings (TTM)-CA$55.39m
Revenue (TTM)CA$5.11m

21.7x

P/S Ratio

-2.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NVCN income statement (TTM)
RevenueUS$3.81m
Cost of RevenueUS$5.07m
Gross Profit-US$1.27m
Other ExpensesUS$39.93m
Earnings-US$41.20m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-14.93
Gross Margin-33.37%
Net Profit Margin-1,082.90%
Debt/Equity Ratio79.8%

How did NVCN perform over the long term?

See historical performance and comparison
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