Movano (NASDAQ:MOVE) Stock Passes Above 200-Day Moving Average – Time to Sell?

Movano Inc. (NASDAQ:MOVE)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.31 and traded as high as $16.25. Movano shares last traded at $13.96, with a volume of 455,181 shares traded.

Key Headlines Impacting Movano

Here are the key news stories impacting Movano this week:

• Positive Sentiment: Broad US equity strength lifted risk appetite today, which tends to help small-cap and speculative tech/health names like Movano. This market rebound is the clearest near-term technical catalyst supporting MOVE’s uptick. U.S. Stocks Showing Strong Move Back To The Upside
• Neutral Sentiment: Crypto volatility continues (Bitcoin slipping below key levels); that can bleed into sentiment for risk assets but is not a direct driver for Movano’s business. The impact on MOVE is mixed and likely secondary. Bitcoin Price Falls Below $70,000
• Neutral Sentiment: Large institutional crypto flows were active (e.g., Marathon moving BTC into custodial wallets). This is notable for market structure but remains peripheral to Movano’s fundamentals. Marathon Digital Moves 1,318 BTC to Institutional Wallets
• Neutral Sentiment: Company-specific fundamentals remain mixed: Movano’s Nov. quarter showed an EPS beat versus very negative expectations but revenue was far below analyst estimates. With a market cap near the low millions and average daily volume much higher than today’s trading, price moves can be driven more by liquidity and sentiment than by fundamentals. (Background company data)
• Negative Sentiment: Recent sessions of tech weakness and a Nasdaq pullback (earlier this week) are a countervailing risk — if growth/tech sentiment deteriorates again, small speculative names like MOVE can give back gains quickly. U.S. Stocks Move Sharply Lower Amid Continued Tech Weakness

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MOVE. Weiss Ratings restated a “sell (e+)” rating on shares of Movano in a research report on Thursday, January 22nd. Wall Street Zen upgraded Movano from a “sell” rating to a “hold” rating in a research note on Saturday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Movano presently has a consensus rating of “Sell”.

Movano Price Performance

The stock has a market cap of $11.59 million, a price-to-earnings ratio of -1.29 and a beta of 0.81. The stock’s 50-day moving average is $9.84 and its 200-day moving average is $8.31.

Movano (NASDAQ:MOVE) last announced its quarterly earnings results on Friday, November 14th. The technology company reported ($4.73) earnings per share for the quarter, beating analysts’ consensus estimates of ($7.00) by $2.27. The company had revenue of $0.08 million for the quarter, compared to analyst estimates of $3.88 million. Movano had a negative net margin of 3,409.60% and a negative return on equity of 647.91%.

Insiders Place Their Bets

In other 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 completion of the transaction, the chief technology officer 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jeremy Cogan sold 28,736 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $20.78, for a total value of $597,134.08. Following the transaction, the chief financial officer owned 60,504 shares of the company’s stock, valued at approximately $1,257,273.12. This represents a 32.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 94,383 shares of company stock valued at $1,524,933 in the last quarter. Insiders own 10.40% of the company’s stock.

Institutional Investors Weigh In On Movano

A hedge fund recently bought a new stake in Movano stock. Citadel Advisors LLC acquired a new position in shares of Movano Inc. (NASDAQ:MOVE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 49,262 shares of the technology company’s stock, valued at approximately $28,000. Citadel Advisors LLC owned approximately 5.94% of Movano at the end of the most recent quarter. Institutional investors and hedge funds own 16.64% of the company’s stock.

About Movano

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.