Tivic Health Systems Inc. [TIVC] fell -95.34% so far this year. What now?

Tivic Health Systems Inc. [NASDAQ: TIVC] gained 53.61% on the last trading session, reaching $2.98 price per share at the time. The company report on August 28, 2023 at 9:00 AM that Tivic Health Signs Agreement with AmerisourceBergen for Retail Pharmacy Customers.

Tivic Health® Systems, Inc. (“Tivic”, “Company”, Nasdaq: TIVC), a health tech company that develops and commercializes bioelectronic medicine, today announced that the Company has entered into a non-exclusive agreement with AmerisourceBergen, soon to be Cencora, to make Tivic’s products available on AmerisourceBergen’s third-party marketplace.

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Tivic’s patented ClearUP bioelectronic sinus pain relief device will be offered on AmerisourceBergen Marketplace, the company’s new third-party marketplace, which launched on August 8. Marketplace seamlessly integrates into AmerisourceBergen’s existing ABC Order eCommerce platform, with the goal of creating a faster, more convenient shopping experience for its retail pharmacy customers to procure their storefronts. Tivic joins more than 50 verified suppliers on the Marketplace platform, which offers eligible pharmacies a variety of unique products in categories such as beauty, snacks, toys, personal care, and other everyday essentials all in one place.

Tivic Health Systems Inc. represents 1.47 million in outstanding shares, while the company has a total market value of $4.37 million with the latest information. TIVC stock price has been found in the range of $2.78 to $4.01.

If compared to the average trading volume of 445.85K shares, TIVC reached a trading volume of 25254811 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Tivic Health Systems Inc. [TIVC]:

The Average True Range (ATR) for Tivic Health Systems Inc. is set at 1.35, with the Price to Sales ratio for TIVC stock in the period of the last 12 months amounting to 3.12. The Price to Book ratio for the last quarter was 11.46, with the Price to Cash per share for the same quarter was set at 3.55.

Trading performance analysis for TIVC stock

Tivic Health Systems Inc. [TIVC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -24.37. With this latest performance, TIVC shares dropped by -39.18% in over the last four-week period, additionally sinking by -84.43% over the last 6 months – not to mention a drop of -98.46% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TIVC stock in for the last two-week period is set at 40.67, with the RSI for the last a single of trading hit 40.98, and the three-weeks RSI is set at 40.34 for Tivic Health Systems Inc. [TIVC]. The present Moving Average for the last 50 days of trading for this stock 6.4000, while it was recorded at 2.5200 for the last single week of trading, and 37.4000 for the last 200 days.

Tivic Health Systems Inc. [TIVC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Tivic Health Systems Inc. [TIVC] shares currently have an operating margin of -548.80 and a Gross Margin at +15.71. Tivic Health Systems Inc.’s Net Margin is presently recorded at -548.70.

Return on Total Capital for TIVC is now -111.33, given the latest momentum, and Return on Invested Capital for the company is -113.35. Return on Equity for this stock declined to -119.47, with Return on Assets sitting at -96.65. When it comes to the capital structure of this company, Tivic Health Systems Inc. [TIVC] has a Total Debt to Total Equity ratio set at 14.60. Additionally, TIVC Total Debt to Total Capital is recorded at 12.74, with Total Debt to Total Assets ending up at 9.05. Long-Term Debt to Equity for the company is recorded at 10.11, with the Long-Term Debt to Total Capital now at 8.82.

Reflecting on the efficiency of the workforce at the company, Tivic Health Systems Inc. [TIVC] managed to generate an average of -$631,000 per employee. Receivables Turnover for the company is 26.47 with a Total Asset Turnover recorded at a value of 0.18.Tivic Health Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.50 and a Current Ratio set at 4.10.

An analysis of Institutional ownership at Tivic Health Systems Inc. [TIVC]

The top three institutional holders of TIVC stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in TIVC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in TIVC stock with ownership which is approximately 5.7381%.

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