News Review: Neovasc Inc. (NVCN), Bank of America Corporation (BAC)

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Neovasc Inc. (NVCN)

Neovasc Inc. is a specialty medical device company. It develops, manufactures and markets products for the cardiovascular marketplace. The Company’s products include the Tiara (TM) mitral valve prosthesis in development for the transcatheter treatment of mitral valve disease, the Neovasc Reducer (TM) for the treatment of refractory angina and a line of advanced biological tissue products that are used as key components in third-party medical products, including transcatheter heart valves. Neovasc Inc. is headquartered in Richmond, Canada.

Neovasc Inc. (NVCN)’s Financial Overview

Neovasc Inc. (NVCN) declined -1.67% yesterday to close its trading session at $0.05. The company has 1 year Price Target of $1.88. The stock touched its 52-Week High on Obsolete and 52-Week Low on Obsolete. The stock traded with the volume of 141.99 Million shares yesterday. The firm shows the market capitalization of $4.18 Million.

Neovasc Inc. (NVCN) reported its last quarterly earnings on 9/29/2017 where the firm reported its Actual EPS of $-0.06/share. The difference between the actual and expected EPS is $0.01 a share with a surprise factor of 14.3%.

The firm is trading with SMA20 of -36.89 Percent, SMA50 of SMA50 Percent and SMA200 of -93.88 percent. Neovasc Inc. has P/S value of 0.6.

The Stock currently has Analyst’ mean Recommendation of 1 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 4 analysts offering 12-month price forecasts for Neovasc Inc have a median target of 2.12, with a high estimate of 3.25 and a low estimate of 0.50. The median estimate represents a +3,909.43% increase from the last price of 0.05.

Bank of America Corporation (BAC)

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 34 million active users, including approximately 24 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services.

Bank of America Corporation (BAC)‘s Financial Outlook

The 30 analysts offering 12-month price forecasts for Bank of America Corp have a median target of 35.00, with a high estimate of 37.00 and a low estimate of 27.00. The median estimate represents a +17.45% increase from the last price of 29.80.

According to Zacks Investment Research, Bank of America Corporation has a Consensus Recommendation of 1.94. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock declined-2.77% and closed its last trading session at $29.8. The company has the market capitalization of $312.37 Billion. The stock has 52-week high of $33.05 and 52-Week low of $22.07. The firm touched its 52-Week high on Obsolete and 52-Week low on Obsolete. The company has volume of 99.04 Million shares. The company has a total of 10.48 Billion shares outstanding.

Bank of America Corporation (BAC) in the last quarter reported its actual EPS of $0.48/share where the analyst estimated EPS was $0.44/share. The difference between the actual and Estimated EPS is $0.04. This shows a surprise factor of 9.1 percent.

The company has YTD performance of 0.95 percent. Beta for Bank of America Corporation stands at 1.37 while its ATR (average true range) is 0.87. The company has Weekly Volatility of 2.56%% and Monthly Volatility of 2.81%.

Bank of America Corporation has distance from 20-day Simple Moving Average (SMA20) of -2.1%, Distance from 50-Day Simple Moving Average of SMA50 percent and Distance from 200-Day Simple Moving Average of 7.45%.

The Company currently has ROA (Return on Assets) of 0.7 percent, Return on Equity (ROE) of 6.8 Percent and Return on Investment (ROI) of 4.8% and Operating & Profit margin of 71.7% and 28.9% respectively.

 

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