Shares of Movano Inc. (NASDAQ:MOVE – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $7.73 and traded as high as $21.95. Movano shares last traded at $19.54, with a volume of 3,088,123 shares changing hands.
Trending Headlines about Movano
Here are the key news stories impacting Movano this week:
- Positive Sentiment: Broad small-cap rally lifts speculative names — market commentary shows smaller-cap stocks are outperforming today, which helps explain investor demand for MOVE as a thinly traded, volatile small-cap. Markets Rally, Small Caps Soar – and Uncle Sam’s Next Big Move…
- Positive Sentiment: Overall market tone is constructive ahead of major tech earnings, lifting risk assets — positive tape in U.S. markets provides a favorable backdrop for MOVE’s rally. U.S. Stocks Move To The Upside Ahead Of Key Tech Earnings
- Positive Sentiment: Prior quarterly report showed an EPS beat (smaller-than-expected loss), which can attract event-driven buyers despite minimal revenue — investors may be treating the EPS surprise as a signal of progress. Movano (MOVE) company overview and recent results
- Neutral Sentiment: Trading was temporarily halted for MOVE due to a LULD pause (09:57 AM); such pauses can concentrate orders and amplify post-pause volatility but are procedural rather than company-specific.
- Negative Sentiment: Weak fundamentals remain a clear downside risk — Movano reported only ~$0.08M revenue in the last quarter, massive negative net margin and negative ROE, and a tiny market cap; sustained upside will likely require material revenue or clarity on funding/dilution.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on MOVE. Wall Street Zen downgraded Movano from a “hold” rating to a “sell” rating in a research note on Saturday, January 17th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Movano in a report on Thursday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.
Movano Stock Performance
The firm has a market capitalization of $16.22 million, a price-to-earnings ratio of -1.80 and a beta of 0.79. The firm has a fifty day moving average price of $8.90 and a 200 day moving average price of $7.73.
Movano (NASDAQ:MOVE – Get Free Report) last released its quarterly earnings data on Friday, November 14th. The technology company reported ($4.73) earnings per share (EPS) for the quarter, topping the consensus estimate of ($7.00) by $2.27. The firm had revenue of $0.08 million during the quarter, compared to analysts’ expectations of $3.88 million. Movano had a negative return on equity of 647.91% and a negative net margin of 3,409.60%.
Insider Transactions at Movano
In other Movano news, CTO Michael Aaron Leabman sold 6,845 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $6.66, for a total transaction of $45,587.70. Following the transaction, the chief technology officer directly owned 22,639 shares in the company, valued at approximately $150,775.74. This represents a 23.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Jeremy Cogan sold 8,218 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $7.79, for a total transaction of $64,018.22. Following the completion of the transaction, the chief financial officer directly owned 15,107 shares of the company’s stock, valued at approximately $117,683.53. This trade represents a 35.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 32,578 shares of company stock worth $239,964. 10.40% of the stock is owned by insiders.
Hedge Funds Weigh In On Movano
An institutional investor recently bought a new position in Movano stock. Citadel Advisors LLC bought a new position in shares of Movano Inc. (NASDAQ:MOVE – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 49,262 shares of the technology company’s stock, valued at approximately $28,000. Citadel Advisors LLC owned approximately 5.94% of Movano as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 16.64% of the company’s stock.
Movano Company Profile
Movano Health, Inc (NASDAQ: MOVE) is a health technology company focused on developing wearable devices for continuous biometric monitoring. The company’s core mission is to provide accessible, real-time health insights through noninvasive sensors, enabling individuals and care teams to track vital signs and physiological trends outside of traditional clinical settings.
Movano’s flagship product is a biometric monitoring ring designed to measure parameters such as heart rate, blood oxygen saturation, skin temperature, and sleep quality.
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