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Ovid Therapeutics Inc

OVID | US

1.19

USD

-0.03

-2.46%

OVID | US

About Ovid Therapeutics Inc

Sector

Healthcare

Industry

Biotechnology

Earnings date

30/06/2024

As of date

21/10/2024

Close

1.19

Open

1.20

High

1.22

Low

1.17

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 currently under preclinical stage that focuses on the mutations associated with KIF1A-associated neurological disorder (KAND); OV825 currently under preclinical stage which has advanced to potential candidate lead identification for the rare neurodevelopmental condition HNRNPH2 (Bain Syndrome); and OV882 currently under preclinical stage 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 and Northwestern University as well as Marinus Pharmaceuticals Inc. The company was incorporated in 2014 and is headquartered in New York New York.

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OVID | US

Risk
45.3
Sharpe
-0.73
Luna's Score
54/100
Recommendation
Hold

Luna says (OVID | US)

What's Working

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

What's not Working

Weakness based on declining price with high volume

High 6-Month Volatility (>65%)

Microcap (<300M USD)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

43.0%

1 month

45.3%

3 months

71.2%

6 months

131.7%

Returns

Fundamental Ratios

PE

-

Fwd. PE

1.79

Price to book

0.97

Debt to equity

0.18

Debt to assets

0.14

Ent. to EBITDA

-0.69

Ent. to rev.

44.04

PEG

-

Other Fundamentals

EBITDA

-65.78M

MarketCap

84.46M

MarketCap(USD)

84.46M

Div. yield

-

Op. margin

-11.08K

Erngs. growth

-

Rev. growth

125.30

Ret. on equity

-29.81

Short ratio

4.10

Short perc.

1.08

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

Range10D

0.20

Range1M

0.20

Range3M

0.50

Volumes: Market Activity

Rel. volume

1.23

Price X volume

156.02K

Peers

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-0.69-Cheaper
Ent. to Revenue44.04-Cheaper
PE Ratio-41.03-
Price to Book0.9715.55Cheaper
Dividend Yield---
Std. Deviation (3M)71.24-Par
Debt to Equity0.18-1.23Expensive
Debt to Assets0.140.25Cheaper
Market Cap84.46M-Emerging
  • 1

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