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CervoMed NasdaqCM:CRVO Stock Report

Last Price

US$10.77

Market Cap

US$88.9m

7D

-11.3%

1Y

9.7%

Updated

18 Nov, 2024

Data

Company Financials +

CervoMed Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CervoMed
Historical stock prices
Current Share PriceUS$10.77
52 Week HighUS$26.38
52 Week LowUS$5.85
Beta0
11 Month Change-24.69%
3 Month Change-30.56%
1 Year Change9.67%
33 Year Changen/a
5 Year Changen/a
Change since IPO41.90%

Recent News & Updates

We're Not Very Worried About CervoMed's (NASDAQ:CRVO) Cash Burn Rate

Aug 24
We're Not Very Worried About CervoMed's (NASDAQ:CRVO) Cash Burn Rate

Recent updates

We're Not Very Worried About CervoMed's (NASDAQ:CRVO) Cash Burn Rate

Aug 24
We're Not Very Worried About CervoMed's (NASDAQ:CRVO) Cash Burn Rate

Companies Like CervoMed (NASDAQ:CRVO) Are In A Position To Invest In Growth

Dec 07
Companies Like CervoMed (NASDAQ:CRVO) Are In A Position To Invest In Growth

Shareholder Returns

CRVOUS BiotechsUS Market
7D-11.3%-10.3%-2.1%
1Y9.7%13.6%29.6%

Return vs Industry: CRVO underperformed the US Biotechs industry which returned 13.6% over the past year.

Return vs Market: CRVO underperformed the US Market which returned 29.6% over the past year.

Price Volatility

Is CRVO's price volatile compared to industry and market?
CRVO volatility
CRVO Average Weekly Movement12.9%
Biotechs Industry Average Movement9.8%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: CRVO's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: CRVO's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20108John Alamwww.cervomed.com

CervoMed Inc., a biotechnology company, engages in the development and commercialization of treatments for age-related neurologic disorders. Its lead drug candidate is neflamapimod, an orally administered small molecule brain penetrant for the treatment of dementia with Lewy bodies (DLB), Alzheimer’s diseases, frontotemporal dementia, and ischemic stroke recovery. The company also develops EIP200 for central nervous system which is in preclinical trials.

CervoMed Inc. Fundamentals Summary

How do CervoMed's earnings and revenue compare to its market cap?
CRVO fundamental statistics
Market capUS$88.89m
Earnings (TTM)-US$11.95m
Revenue (TTM)US$10.07m

8.8x

P/S Ratio

-7.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRVO income statement (TTM)
RevenueUS$10.07m
Cost of RevenueUS$14.57m
Gross Profit-US$4.50m
Other ExpensesUS$7.45m
Earnings-US$11.95m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.45
Gross Margin-44.71%
Net Profit Margin-118.68%
Debt/Equity Ratio0%

How did CRVO perform over the long term?

See historical performance and comparison