NASDAQ:OVID

Ovid Therapeutics (OVID) Stock Price, News & Analysis

$3.15
-0.05 (-1.56%)
(As of 04/24/2024 ET)
Today's Range
$3.11
$3.22
50-Day Range
$2.72
$3.84
52-Week Range
$2.57
$4.14
Volume
113,127 shs
Average Volume
135,528 shs
Market Capitalization
$222.74 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

Ovid Therapeutics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
185.7% Upside
$9.00 Price Target
Short Interest
Healthy
4.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.85
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$50,364 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.65) to ($0.20) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.46 out of 5 stars

Medical Sector

97th out of 907 stocks

Pharmaceutical Preparations Industry

31st out of 422 stocks

OVID stock logo

About Ovid Therapeutics Stock (NASDAQ:OVID)

Ovid Therapeutics Inc., a biopharmaceutical company, engages in the development of impactful medicines for patients and families with epilepsies and seizure-related neurological disorders in the United States. The company is developing soticlestat, a novel cholesterol 24 hydroxylase inhibitor, which is in Phase 3 clinical trials for the potential treatment of patients with resistant epilepsies; OV329, a GABA aminotransferase inhibitor which is in Phase 1 clinical trials for the treatment of seizures associated with tuberous sclerosis complex and infantile spasms; and OV350, a small molecule direct activator of the KCC2 transporter, which is in Phase 1 clinical trials for treating epilepsies. It also develops OV815, that focuses on the mutations associated with KIF1A-associated neurological disorder (KAND); OV888 (GV101), a highly selective rock2 inhibitor which is in Phase 1 double-blind multiple-ascending dose trial; OV825, has advanced to potential candidate lead identification for the rare neurodevelopmental condition HNRNPH2 (Bain Syndrome); and OV882, a short hairpin RNA gene therapy for the treatment of Angelman syndrome. The company has license and collaboration agreements with Healx, AstraZeneca AB, H. Lundbeck A/S, Northwestern University, and Graviton, as well as Marinus Pharmaceuticals, Inc. The company was incorporated in 2014 and is headquartered in New York, New York.

OVID Stock Price History

OVID Stock News Headlines

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5 Oversold Biotech Stocks To Buy Right Now
TD Cowen Sticks to Its Buy Rating for Ovid Therapeutics (OVID)
OVID Oct 2024 7.500 call
Recap: Ovid Therapeutics Q4 Earnings
Ovid Therapeutics Inc (OVID)
Ovid-Elsie girls win third straight conference title
OVID Mar 2024 5.000 call
OVID Apr 2024 5.000 call
BTIG Keeps Their Buy Rating on Ovid Therapeutics (OVID)
See More Headlines
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Company Calendar

Last Earnings
3/08/2024
Today
4/25/2024
Next Earnings (Estimated)
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:OVID
Fax
N/A
Employees
40
Year Founded
2014

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$11.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+185.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-52,340,000.00
Net Margins
-13,351.53%
Pretax Margin
-13,351.79%

Debt

Sales & Book Value

Annual Sales
$390,000.00
Book Value
$1.24 per share

Miscellaneous

Free Float
61,801,000
Market Cap
$222.74 million
Optionable
Optionable
Beta
0.71

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Key Executives

  • Dr. Jeremy Max Levin Ba Zoology (Age 71)
    Dphil, Mb Bchir, President, CEO & Chairman
    Comp: $923.54k
  • Mr. Jeffrey A. Rona (Age 56)
    Principal Financial Officer, Principal Accounting Officer & Chief Business and Financial Officer
    Comp: $686.28k
  • Mr. Jason Tardio M.B.A. (Age 46)
    Chief Operating Officer
    Comp: $652.84k
  • Ms. Lora Pike
    Senior Director of Investor Relations & Public Relations
  • Mr. Thomas Michael Perone J.D. (Age 58)
    M.B.A., General Counsel
    Comp: $632.11k
  • Mr. Simon D. Kelner (Age 50)
    Chief Human Resources Officer
  • Dr. Dirk Haasner (Age 59)
    Senior Vice President of Global Manufacturing & CMC QA
    Comp: $416.95k
  • Dr. Todd F. Baumgartner M.D.
    M.P.H., Senior Vice President of Regulatory Affairs
  • Dr. Julia Tsai Ph.D. (Age 49)
    Senior Vice President of Clinical Development
  • Ms. Meg Alexander
    Chief Strategy Officer

OVID Stock Analysis - Frequently Asked Questions

Should I buy or sell Ovid Therapeutics stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ovid Therapeutics in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OVID shares.
View OVID analyst ratings
or view top-rated stocks.

What is Ovid Therapeutics' stock price target for 2024?

3 equities research analysts have issued 1 year price targets for Ovid Therapeutics' stock. Their OVID share price targets range from $8.00 to $11.00. On average, they predict the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 185.7% from the stock's current price.
View analysts price targets for OVID
or view top-rated stocks among Wall Street analysts.

How have OVID shares performed in 2024?

Ovid Therapeutics' stock was trading at $3.22 at the start of the year. Since then, OVID shares have decreased by 2.2% and is now trading at $3.15.
View the best growth stocks for 2024 here
.

Are investors shorting Ovid Therapeutics?

Ovid Therapeutics saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,800,000 shares, a decrease of 23.7% from the March 15th total of 3,670,000 shares. Based on an average daily volume of 205,000 shares, the short-interest ratio is presently 13.7 days. Approximately 4.8% of the company's shares are short sold.
View Ovid Therapeutics' Short Interest
.

When is Ovid Therapeutics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our OVID earnings forecast
.

How were Ovid Therapeutics' earnings last quarter?

Ovid Therapeutics Inc. (NASDAQ:OVID) released its quarterly earnings results on Friday, March, 8th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.05. The firm earned $0.14 million during the quarter, compared to the consensus estimate of $0.10 million. Ovid Therapeutics had a negative trailing twelve-month return on equity of 49.76% and a negative net margin of 13,351.53%.

What other stocks do shareholders of Ovid Therapeutics own?
When did Ovid Therapeutics IPO?

Ovid Therapeutics (OVID) raised $80 million in an initial public offering on Friday, May 5th 2017. The company issued 5,000,000 shares at a price of $15.00-$17.00 per share. Citigroup and Cowen and Company acted as the underwriters for the IPO and William Blair and JMP Securities were co-managers.

Who are Ovid Therapeutics' major shareholders?

Ovid Therapeutics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.16%). Insiders that own company stock include Amit Rakhit, Jason Tardio and Jeremy M Levin.
View institutional ownership trends
.

How do I buy shares of Ovid Therapeutics?

Shares of OVID stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OVID) was last updated on 4/25/2024 by MarketBeat.com Staff

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