Are Shares Of Ovid Therapeutics Inc. (OVID) Really Worth?

Ovid Therapeutics Inc. (OVID) has seen some recent activity in the stock market and its shares closed trading at $7.71 yesterday. Investors are starting to take notice of OVID as the shares traded as high as $8.10 and as low as $7.53 in the last market session.

Ovid Therapeutics Inc. (OVID) average trading volume is 1.26M. However, in the last market session Ovid Therapeutics Inc. (OVID) traded 6,579,900 shares. The First downside support level on OVID is $7.41 and the First resistance level on OVID is $8.81. OVID 50day moving average is $5.59 and OVID two hundred day moving average is $4.02.

Ovid Therapeutics Inc. (OVID) most recent performance has been indicated by the recent movement in OVID shares. OVID has performed 46.72% over the past 30 days, OVID has performed 166.78% over the past 3 months and OVID has shown 319.02% over the past 12 months. Ovid Therapeutics Inc. (OVID) has a 12 month range of $1.74 to $9.40. Ovid Therapeutics Inc. (OVID) is trading 343.10% from its 12 month low and -17.98% from its 12 month high. Ovid Therapeutics Inc. (OVID) is showing a 4.09% short float showing the sum short in the float.

OVID has 54.72M shares outstanding and 32.76M shares in the float. Ovid Therapeutics Inc. (OVID) at this time has a market cap of $431.99M and income of -66.70M. The EPS next quarter for OVID is -0.35 and forecasted EPS next year is 5.80%. The market cap of Ovid Therapeutics Inc. (OVID) at $431.99M signifies how many Investors own shares of OVID and is based off the last price ($7.71) of OVID and the sum of shares outstanding (54.72M) with Ovid Therapeutics Inc. (OVID).

Ovid Therapeutics Inc. (OVID) has aggregate cash (mrq) of 58.33M, aggregate cash per share (mrq) of 1.07, . Ovid Therapeutics Inc. (OVID) operating cash flow (ttm) is -56.64M, OVID leveraged free cash flow (ttm) is -34.91M.

OVID is trading 28.42% above (bullish) its SMA20, 59.14% above (bullish) its SMA50 and 113.97% above (bullish) its SMA200.