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NVNO
Upturn stock ratingUpturn stock rating

enVVeno Medical Corp (NVNO)

Upturn stock ratingUpturn stock rating
$2.83
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

03/27/2025: NVNO (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -33.35%
Avg. Invested days 21
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 51.56M USD
Price to earnings Ratio -
1Y Target Price 16.5
Price to earnings Ratio -
1Y Target Price 16.5
Volume (30-day avg) 91944
Beta 1.38
52 Weeks Range 2.45 - 6.48
Updated Date 03/27/2025
52 Weeks Range 2.45 - 6.48
Updated Date 03/27/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.27

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-02-26
When After Market
Estimate -0.35
Actual -0.3

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -31.82%
Return on Equity (TTM) -49.39%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 8765249
Price to Sales(TTM) -
Enterprise Value 8765249
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -0.87
Shares Outstanding 17535900
Shares Floating 17374493
Shares Outstanding 17535900
Shares Floating 17374493
Percent Insiders 0.92
Percent Institutions 24.38

Analyst Ratings

Rating 5
Target Price 18
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

enVVeno Medical Corp

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Company Overview

History and Background

enVVeno Medical Corp. (NVNO) is a medical device company focused on developing and commercializing innovative solutions for the treatment of chronic venous disease. Founded in 2018, NVNO has been focused on bringing their VenoValve to market.

Core Business Areas

  • Chronic Venous Disease (CVD) Solutions: Development and commercialization of the VenoValve for deep venous disease (DVD). Focused on improving the standard of care.

Leadership and Structure

The leadership team includes the CEO, President and other key executives overseeing R&D, operations, and finance. NVNO operates with a relatively small team and utilizes consultants and contractors.

Top Products and Market Share

Key Offerings

  • VenoValve: The VenoValve is an implantable venous valve designed to improve venous blood flow in patients with deep venous disease. The company has not yet commercially launched, so there is no market share data or revenue. Competitors include existing conservative treatments (compression therapy) and potential future technologies addressing venous insufficiency. There are currently no readily available, directly competing implantable venous valves with robust clinical data.

Market Dynamics

Industry Overview

The market for venous disease treatment is substantial and growing due to the aging population and increasing prevalence of risk factors. Innovation in this space is welcomed as current treatments have major shortcomings.

Positioning

enVVeno Medical Corp. is positioned as an innovator in the venous disease space, aiming to offer a more effective and less invasive treatment option compared to existing methods.

Total Addressable Market (TAM)

The TAM for chronic venous disease is estimated to be in the billions of dollars. enVVeno Medical Corp is targeting a segment of this market, specifically patients with severe deep venous disease. Market reports estimate a TAM of approximately $2 billion, depending on indication and geography.

Upturn SWOT Analysis

Strengths

  • Innovative technology with the potential to improve patient outcomes
  • Focus on a large and underserved market
  • Intellectual property protection for the VenoValve

Weaknesses

  • Limited financial resources
  • Dependence on successful clinical trial outcomes
  • Not yet commercially launched and no revenue generated

Opportunities

  • Expansion into new markets
  • Partnerships with larger medical device companies
  • Positive clinical trial results leading to regulatory approval

Threats

  • Competition from established medical device companies
  • Unsuccessful clinical trials
  • Regulatory hurdles and delays

Competitors and Market Share

Key Competitors

  • BSX
  • EV3
  • MDTC

Competitive Landscape

enVVeno Medical Corp. is competing in a market dominated by larger medical device companies. Their competitive advantage lies in their innovative technology and focus on a specific niche within the venous disease market.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth is defined by advancement of clinical trials rather than product sales.

Future Projections: Future growth is heavily dependent on the successful completion of clinical trials, regulatory approval, and commercial launch of the VenoValve. Analyst estimates are difficult to ascertain given early state.

Recent Initiatives: Recent initiatives include ongoing clinical trials for the VenoValve, regulatory interactions, and securing additional funding.

Summary

enVVeno Medical Corp. is a development stage company with a novel device in a large, underserved market. Its strength lies in its innovative approach, but its weakness is its limited resources and dependence on future clinical trial success. Successful trials, regulatory approval and ability to launch a product are what the company needs to concentrate on and look out for to survive and grow.

Similar Companies

  • BSX
  • MDTC
  • ABT

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Company Website
  • Industry Reports

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. The information provided is subject to change. All financial metrics are approximations.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About enVVeno Medical Corp

Exchange NASDAQ
Headquaters Irvine, CA, United States
IPO Launch date 2018-05-31
CEO & Director Mr. Robert A. Berman
Sector Healthcare
Industry Medical Devices
Full time employees 37
Full time employees 37

enVVeno Medical Corporation, a clinical-stage medical device company, focuses on the development of bioprosthetic tissue-based solutions to enhance the standard of care in the treatment of venous disease. The company's lead product is the VenoValve, a replacement venous valve for the treatment of venous chronic venous insufficiency. Its VenoValve implanted into the femoral vein of the patient in an open surgical procedure via a 5-to-6-inch incision in the upper thigh. The company also develops enVVe, a non-surgical and transcatheter-based replacement venous valve system consisting of the enVVe valve, enVVe delivery system, and delivery system accessories. The company was formerly known as Hancock Jaffe Laboratories, Inc. and changed its name to enVVeno Medical Corporation in October 2021. enVVeno Medical Corporation was incorporated in 1999 and is based in Irvine, California.

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