Organovo Holdings (ONVO) Announces Quarterly Results
Organovo Holdings (NASDAQ:ONVO) posted its quarterly earnings results on Friday. The company reported ($0.07) earnings per share (EPS) for the quarter, Stock Ratings News reports.
On a related note, analysts at JMP Securities initiated coverage on shares of Organovo Holdings in a research note to investors on Wednesday, December 18th. They set a “market perform” rating on the stock.
Organovo Holdings (NASDAQ:ONVO) opened at 8.93 on Friday. Organovo Holdings has a 52-week low of $3.27 and a 52-week high of $13.65. The stock has a 50-day moving average of $9.94 and a 200-day moving average of $7.64. The company’s market cap is $690.1 million.
In other Organovo Holdings news, EVP Michael Renard sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of $9.68, for a total value of $387,200.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Organovo Holdings, Inc (NASDAQ:ONVO), formerly Real Estate Restoration & Rental, Inc, is a development-stage company.
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