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    Neovasc Inc. (NVCN)

    Price:

    30.03 USD

    ( - 0 USD)

    Your position:

    0 USD

    ACTION PANEL
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    ABOUT
    Symbol
    NVCN
    Name
    Neovasc Inc.
    Industry
    Medical - Devices
    Sector
    Healthcare
    Price
    30.030
    Market Cap
    82.859M
    Enterprise value
    30.389M
    Currency
    USD
    Ceo
    Fredericus A. Colen
    Full Time Employees
    49
    Ipo Date
    2001-05-23
    City
    Richmond
    Address
    13562 Maycrest Way

    Check the

    KEY TAKEAWAYS

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    SIMILAR COMPANIES STI SCORE

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    Abiomed, Inc.

    VALUE SCORE:

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    Symbol
    ABMD
    Market Cap
    17.181B
    Industry
    Medical - Devices
    Sector
    Healthcare

    2nd position

    Viemed Healthcare, Inc.

    VALUE SCORE:

    11

    Symbol
    VMD
    Market Cap
    327.352M
    Industry
    Medical - Devices
    Sector
    Healthcare

    The best

    TransMedics Group, Inc.

    VALUE SCORE:

    11

    Symbol
    TMDX
    Market Cap
    4.709B
    Industry
    Medical - Devices
    Sector
    Healthcare
    FUNDAMENTALS
    P/E
    -1.993
    P/S
    21.776
    P/B
    5.184
    Debt/Equity
    0.821
    EV/FCF
    -2.804
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    18.414
    Earnings yield
    -0.502
    Debt/assets
    0.336
    FUNDAMENTALS
    Net debt/ebidta
    0.345
    Interest coverage
    -22.226
    Research And Developement To Revenue
    4.611
    Intangile to total assets
    0
    Capex to operating cash flow
    -0.002
    Capex to revenue
    0.014
    Capex to depreciation
    0.163
    Return on tangible assets
    -1.064
    Debt to market cap
    0.157
    Piotroski Score
    3.000
    FUNDAMENTALS
    PEG
    -0.020
    P/CF
    -3.293
    P/FCF
    -3.317
    RoA %
    -106.391
    RoIC %
    -116.835
    Gross Profit Margin %
    79.663
    Quick Ratio
    2.850
    Current Ratio
    2.958
    Net Profit Margin %
    -1.083k
    Net-Net
    1.947
    FUNDAMENTALS PER SHARE
    FCF per share
    -9.138
    Revenue per share
    1.392
    Net income per share
    -15.071
    Operating cash flow per share
    -9.119
    Free cash flow per share
    -9.138
    Cash per share
    9.434
    Book value per share
    5.793
    Tangible book value per share
    5.793
    Shareholders equity per share
    5.793
    Interest debt per share
    5.309
    TECHNICAL
    52 weeks high
    30.070
    52 weeks low
    4.585
    Current trading session High
    30.070
    Current trading session Low
    29.430
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    0.00%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Devices
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -1.108

    No data to display

    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Biotechnology
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.843

    No data to display

    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Biotechnology
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -1.462

    No data to display

    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Biotechnology
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -2.973
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Biotechnology
    Dividend yield
    0.17291066%
    Payout Ratio
    0%
    P/E
    -8.420
    logo

    Country
    IL
    Sector
    Healthcare
    Industry
    Medical - Devices
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.224
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Medical - Devices
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -0.009
    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Drug Manufacturers - Specialty & Generic
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -1.128

    No data to display

    logo

    Country
    US
    Sector
    Healthcare
    Industry
    Drug Manufacturers - Specialty & Generic
    Dividend yield
    0%
    Payout Ratio
    0%
    P/E
    -1.593

    No data to display

    DESCRIPTION

    Neovasc Inc., a specialty medical device company, develops, manufactures, and markets products for cardiovascular marketplace in Europe and internationally. Its products include the Tiara technology for the transcatheter treatment of mitral valve disease; and the Neovasc Reducer for the treatment of refractory angina. The company was formerly known as Medical Ventures Corp. and changed its name to Neovasc Inc. in July 2008. Neovasc Inc. was incorporated in 2000 and is headquartered in Richmond, Canada.

    NEWS
    https://images.financialmodelingprep.com/news/shockwave-medical-inc-completes-acquisition-of-neovasc-20230411.jpg
    Shockwave Medical, Inc. Completes Acquisition of Neovasc

    globenewswire.com

    2023-04-11 08:20:00

    SANTA CLARA, CA, April 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Shockwave Medical, Inc. (NASDAQ: SWAV) (“Shockwave”), a pioneer in the development of Intravascular Lithotripsy (IVL) to treat severely calcified cardiovascular disease, today announced the completion of its previously announced acquisition of Neovasc Inc. (“Neovasc”).

    https://images.financialmodelingprep.com/news/shockwave-medical-completes-acquisition-of-neovasc-20230411.jpg
    Shockwave Medical Completes Acquisition of Neovasc

    globenewswire.com

    2023-04-11 07:59:00

    SANTA CLARA, Calif., April 11, 2023 (GLOBE NEWSWIRE) -- Shockwave Medical, Inc. (NASDAQ: SWAV) (“Shockwave”), a pioneer in the development of Intravascular Lithotripsy (“IVL”) to treat severely calcified cardiovascular disease, today announced the completion of its previously announced acquisition of Neovasc Inc. (“Neovasc”).

    https://images.financialmodelingprep.com/news/neovasc-announces-fourth-quarter-and-fiscal-year-2022-financial-20230331.jpg
    Neovasc Announces Fourth Quarter and Fiscal Year 2022 Financial Results and Provides Corporate Update

    globenewswire.com

    2023-03-31 16:11:00

    VANCOUVER and MINNEAPOLIS, MN, March 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Neovasc Inc. (“Neovasc” or the “Company”) (NASDAQ, TSX: NVCN) today reported financial results for the fourth quarter and year ended December 31, 2022.

    https://images.financialmodelingprep.com/news/neovasc-shareholders-approve-acquisition-by-shockwave-medical-20230306.jpg
    Neovasc Shareholders Approve Acquisition by Shockwave Medical

    newsfilecorp.com

    2023-03-06 18:00:00

    Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - Neovasc Inc. (NASDAQ: NVCN) (TSX: NVCN) ("Neovasc" or the "Company"), a leader in the development of minimally invasive devices for the treatment of refractory angina, is pleased to announce that its Shareholders (as defined below) have approved the previously-announced acquisition of all of the outstanding common shares of the Company (the "Shares") by Shockwave Medical, Inc. ("Shockwave") by way of a statutory plan of arrangement (the "Arrangement") at the special meeting of Shareholders held today (the "Meeting"). The special resolution approving the Arrangement was approved by: (i) 97.36% of the votes cast by the shareholders of the Company (the "Shareholders") present in person or represented by proxy at the Meeting, and (ii) 97.21% of the votes cast by Shareholders, other than those Shareholders required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, present in person or represented by proxy at the Meeting.

    https://images.financialmodelingprep.com/news/a-bull-market-is-coming-1-outstanding-growth-stock-20230222.jpg
    A Bull Market Is Coming: 1 Outstanding Growth Stock Down 36% to Buy and Hold

    fool.com

    2023-02-22 05:39:00

    This up-and-coming medical technology star is set up to deliver market-beating gains for its long-term investors.

    https://images.financialmodelingprep.com/news/neovasc-announces-german-reimbursement-renewal-20230201.jpg
    Neovasc Announces German Reimbursement Renewal

    newsfilecorp.com

    2023-02-01 09:05:00

    Vancouver, British Columbia and Minneapolis, Minnesota--(Newsfile Corp. - February 1, 2023) - Neovasc, Inc. (NASDAQ : NVCN) (TSX : NVCN) ("Neovasc" or "the Company") today announced the German Institute for the Hospital Remuneration System ("InEK") has awarded the Neovasc Reducer™ ("Reducer"), a CE-Marked medical device for the treatment of refractory angina, NUB Status 1 designation for 2023.

    https://images.financialmodelingprep.com/news/mergers-and-acquisitions-in-2023-off-to-a-strong-20230127.jpg
    Mergers and Acquisitions in 2023 Off To A Strong Start

    marketbeat.com

    2023-01-27 08:17:09

    Mergers and acquisitions are a normal part of business, but 2023 has already presented many opportunities across the biotech industry. The M&A surge seems to be driven by two major transactions: the $6 billion sale of LHC Group Inc. (Nasdaq: LHCG) to UnitedHealth (NYSE: UNH) and the $8 billion sale of Signify Health Inc. (NYSE: SGFY) to CVS Health Co. (NYSE: CVS).

    https://images.financialmodelingprep.com/news/shockwave-medical-to-buy-neovasc-details-nvcn-20230118.jpg
    Shockwave Medical To Buy Neovasc: Details (NVCN)

    pulse2.com

    2023-01-18 09:33:14

    Neovasc announced that it is being acquired by Shockwave Medical. These are the details.

    https://images.financialmodelingprep.com/news/shockwave-medical-to-acquire-neovasc-20230117.jpg
    Shockwave Medical to Acquire Neovasc

    newsfilecorp.com

    2023-01-17 08:27:00

    Vancouver, British Columbia--(Newsfile Corp. - January 17, 2023) - Neovasc Inc. (NASDAQ: NVCN) (TSX: NVCN) ("Neovasc" or the "Company"), a leader in the development of minimally invasive devices for the treatment of refractory angina, announced today that the Company has entered into a binding agreement (the "Arrangement Agreement") with Shockwave Medical, Inc. ("Shockwave"), whereby Shockwave has agreed to acquire all of the issued and outstanding common shares (the "Common Shares") of the Company (the "Transaction").

    https://images.financialmodelingprep.com/news/neovasc-nvcn-is-on-the-move-heres-why-the-20230111.jpg
    Neovasc (NVCN) is on the Move, Here's Why the Trend Could be Sustainable

    zacks.com

    2023-01-11 10:32:36

    Neovasc (NVCN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

    https://images.financialmodelingprep.com/news/recent-price-trend-in-neovasc-nvcn-is-your-friend-20221226.jpg
    Recent Price Trend in Neovasc (NVCN) is Your Friend, Here's Why

    zacks.com

    2022-12-26 10:32:25

    Neovasc (NVCN) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

    https://images.financialmodelingprep.com/news/neovasc-announces-progress-on-cosiraii-clinical-trial-20221128.jpg
    Neovasc Announces Progress on COSIRA-II Clinical Trial

    newsfilecorp.com

    2022-11-28 17:00:00

    Vancouver, British Columbia and Minneapolis, Minnesota--(Newsfile Corp. - November 28, 2022) - Neovasc Inc. (NASDAQ: NVCN) (TSX: NVCN) ("Neovasc" or the "Company") today announced an update on the COSIRA-II Clinical Trial ("Trial") status. COSIRA-II is the U.S. Investigational Device Exemption ("IDE") pivotal clinical trial the Company is executing for the Neovasc Reducer™ ("Reducer") towards an approval decision for the device in the United States.

    https://images.financialmodelingprep.com/news/neovasc-comments-on-european-heart-journal-publication-20221118.jpg
    Neovasc Comments on European Heart Journal Publication

    globenewswire.com

    2022-11-18 09:05:00

    VANCOUVER and MINNEAPOLIS, Nov. 18, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Neovasc Inc. (“Neovasc” or the “Company”) (NASDAQ, TSX: NVCN) today announced that European Heart Journal - Case Reports has published an article titled, “Implantation of the Coronary Sinus Reducer for Refractory Angina due to Coronary Microvascular Dysfunction in the Context of Apical Hypertrophic Cardiomyopathy – a Case Report.” The article is authored by Dr. Kevin Cheng, et al, at the National Heart and Lung Institute Imperial College London, Royal Brompton Hospital, London.

    https://images.financialmodelingprep.com/news/neovasc-nvcn-reports-q3-loss-misses-revenue-estimates-20221110.jpg
    Neovasc (NVCN) Reports Q3 Loss, Misses Revenue Estimates

    zacks.com

    2022-11-10 21:49:07

    Neovasc (NVCN) delivered earnings and revenue surprises of -6.38% and 7.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

    https://images.financialmodelingprep.com/news/neovasc-inc-nvcn-q3-2022-earnings-call-transcript-20221110.jpg
    Neovasc Inc. (NVCN) Q3 2022 Earnings Call Transcript

    seekingalpha.com

    2022-11-10 20:03:03

    Neovasc Inc. (NASDAQ:NVCN ) Q3 2022 Earnings Conference Call November 10, 2022 4:30 PM ET Company Participants Mike Cavanaugh - Investor Relations Fred Colen - President & Chief Executive Officer Chris Clark - Chief Financial Officer Conference Call Participants David Martin - Bloom Burton Operator Good day, and welcome to the Neovasc Incorporated Third Quarter Earnings Call. At this time, I will turn the call over to Mark Cavanaugh.

    https://images.financialmodelingprep.com/news/neovasc-announces-third-quarter-financial-results-and-provides-corporate-20221110.jpg
    Neovasc Announces Third Quarter Financial Results and Provides Corporate Update

    newsfilecorp.com

    2022-11-10 16:05:00

    Vancouver, British Columbia and Minneapolis, Minnesota--(Newsfile Corp. - November 10, 2022) - Neovasc Inc. (NASDAQ: NVCN) (TSX: NVCN) ("Neovasc" or the "Company") today reported financial results for the third quarter ended September 30, 2022.Recent HighlightsGenerated revenues of $923,000, a quarterly record and a year-over-year increase of 31% compared to the third quarter of 2021.Accelerating acceptance of Reducer in the UK and French markets, with France the largest volume market in the quarter.