NASDAQ:NVCNNeovasc Stock Price, Forecast & News

Neovasc's stock was trading at $2.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NVCN stock has increased by 22.2% and is now trading at $2.70.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Neovasc in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Neovasc.

Neovasc is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020.
View our earnings forecast for Neovasc.

Neovasc Inc (NASDAQ:NVCN) posted its quarterly earnings data on Thursday, May, 7th. The medical equipment provider reported ($0.38) EPS for the quarter, topping the consensus estimate of ($0.55) by $0.17. The medical equipment provider earned $0.53 million during the quarter, compared to analyst estimates of $0.60 million.
View Neovasc's earnings history.

Shares of Neovasc reverse split on the morning of Friday, September 21st 2018. The 1-100 reverse split was announced on Tuesday, September 11th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, September 20th 2018. An investor that had 100 shares of Neovasc stock prior to the reverse split would have 1 shares after the split.

Neovasc issued an update on its second quarter 2020 IntraDay earnings guidance on Monday, July, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $295K - 295K.

3 equities research analysts have issued 12-month price objectives for Neovasc's shares. Their forecasts range from $3.00 to $15.00. On average, they anticipate Neovasc's share price to reach $7.67 in the next year. This suggests a possible upside of 184.0% from the stock's current price.
View analysts' price targets for Neovasc.

Media stories about NVCN stock have trended somewhat negative recently, InfoTrie reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Neovasc earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the medical equipment provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future.
View the latest news about Neovasc.

Neovasc saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 195,500 shares, an increase of 5.4% from the June 30th total of 185,500 shares. Based on an average daily volume of 297,700 shares, the short-interest ratio is presently 0.7 days. Approximately 1.4% of the shares of the stock are sold short.
View Neovasc's Current Options Chain.

Some companies that are related to Neovasc include Soliton (SOLY), BeyondAirInc . (XAIR), Venus Concept (VERO), PAVmed (PAVM), Spectral Medical (EDTXF), Pro-Dex (PDEX), Nephros (NEPH), SANUWAVE Health (SNWV), BRAINSWAY LTD/S (BWAY), AIT Therapeutics (AITB), Titan Medical (TMDI), Nephros (NEPHD), DarioHealth (DRIO), Neuronetics (STIM) and Sensus Healthcare (SRTS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Neovasc investors own include Biopharmx (BPMX), Allstate (ALL), Rexahn Pharmaceuticals (REXN), Synergy Pharmaceuticals (SGYP), Amicus Therapeutics (FOLD), Protalix Biotherapeutics (PLX), 22nd Century Group (XXII), Immune Pharmaceuticals (IMNP), Advanced Micro Devices (AMD) and Amarin (AMRN).

Neovasc trades on the NASDAQ under the ticker symbol "NVCN."

Neovasc's stock is owned by a number of institutional and retail investors. Top institutional investors include Wedbush Securities Inc. (0.40%).

NVCN stock was bought by a variety of institutional investors in the last quarter, including Wedbush Securities Inc..

Shares of NVCN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NVCN stock can currently be purchased for approximately $2.70.

Neovasc has a market capitalization of $30.05 million and generates $2.09 million in revenue each year. The medical equipment provider earns $-35,130,000.00 in net income (profit) each year or ($5.05) on an earnings per share basis. Neovasc employs 98 workers across the globe.

The official website for Neovasc is www.neovasc.com.

Neovasc's mailing address is Suite 5138 - 13562 Maycrest Way, RICHMOND A1, V6V 2J7. The medical equipment provider can be reached via phone at 604-248-4138 or via email at [email protected]