Organovo Holdings Stock Update

Organovo Holdings

Organovo Holdings, Inc. (NASDAQ:ONVO) closed at $1.39, as of Monday this week. 1,286,469 shares were traded, compared to an average daily volume of 1.28 million shares.

Currently, Organovo has a market cap of $148.62 million, with 106.92 million outstanding shares. Outstanding shares are the shares held by the company’s shareholders. 7.80% of those shares are owned by company officers and insiders, while institutional investors own 26.70%.

Organovo had a stock return of -10.32%, based on the last 5 trades; -6.71% for the last month; -38.22% for the last quarter; and -59.00% for the year to date.

The Average True Range (ATR) was 0.10. The Relative Strength Index (RSI) was 42.65. Organovo had a stock volatility of 4.99% for the week and 7.49% for the month. The 50 Day Moving Average was -6.74%.

The average recommendation for Organovo stock is currently at Buy.

Featured Image: Depositphotos/© blackdogvfx

About the author: Samara graduated from Simon Fraser University with a BA in English, minoring in Publishing and Creative Writing. One day she hopes to publish her very own novel, but in the meantime, she contents herself with blogging and editing. She currently specializes in writing financial news and analysis, as well as cryptocurrency news and information.