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Analysis
Movano Inc. (MOVE)
Movano Inc. (MOVE)
Ranking:
Buy
Implies positive momentum
Stock Name: Movano Inc.
Symbol: MOVE
Market Cap: $21M
Industry: Medical - Devices
Sector: Healthcare
Website: https://movano.com
About Movano Inc.

Movano Inc. engages in developing a platform to deliver healthcare solutions at the intersection of medtech and consumer devices. Its platform uses radiofrequency technology, which enables the creation of sensors that are small enough to fit into wearable devices and other small form factors. The company develops Movano Ring that measures heart rate, heart rate variability, sleep, respiration, temperature, blood oxygen saturation, steps, and calories, as well as incorporates women-centric features and design Please visit their website for more information.

Overview:
Last Close: $3.21
52 Week: $3.21-$14.25
MVA50: 4.56
MVA200: 6.71
RSI: 36.35
Buy/Sell*: 56.99
1-Month change: -67.94%
3-Month change: -77.10%
*Proprietary Buy Sell Volume Indicator
Price Chart For MOVE
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $0M
Revenue Growth (YOY): inf%
Profit (% of Rev): -1590.00%
Income (% of Rev): 0.00%
Income Growth (YOY): -100.00%
Operating Income: $-7M
Operating Cash Flow: $-6M
Operating Cash Flow Growth (YoY): -18.51%
Annual Dividend Yield: 0.00%
Total Assets: $15M
Total Liabilities: $5M
Cash & Equivalent: $11M
Total Debt: $0M
Debt/Equity: 0.00
Quick Ratio: 2.83
Current Ratio: 3.31
Price/Book: 3.58
Price/Earnings: 0.00
EBITDA: $-7M
EPS: -1.06
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Buy.

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