Stock info Neovasc Inc. | Filter  Basic-Info

Neovasc Inc.

Past year was a negative year for Neovasc Inc. investors

The period between December 2015 and December 2016 was a loss-making period for the investors in Neovasc Inc.. The stock lost around 45 percent. Over the past 5 years Neovasc Inc.' stock rose at around 51 percent in value. Neovasc Inc.'s revenues between 2011 and 2015 were quite unstable and moved between 7,82 million dollars and 9,93 million dollars. Neovasc Inc.'s net results between 2011 and 2015 were far from constant and moved between -3,9 million dollars and -26,73 million dollars.

Neovasc Inc. is mostly active in the health care eq. & services sector. Between 2006 and 2016 the global health care companies gained around 102 percent. Measured since 2011 the sector is 64 percent higher and over the past 12 months (December 2015-2016) there is a plus of 102 percent.

The American company didn't pay out any dividends (in the past 5 years).

Neovasc Inc. financed with relatively a lot of debt

Last year the balance sheet of the American company was worth 61,23 million dollars. 3,23 million dollars (5,28 percent of the total balance sheet) was financed by debt. Last year the health care company's price/earnings-ratio (PE) was around -20. So the investors valued the stock at -20 times 2015' earnings per share. We could say that based on it's price/earnings-ratio and dividend yield the American stock can be seen as a value stock.

At the end of 2015 the health care company's market capitalization (the number of shares times the market price) equaled around 289,76 million dollars. At the end of 2015 the American company had around 66,77 million stocks listed on the stock exchange(s).

All the annual reports of Neovasc Inc. are available here. More information about Neovasc Inc. can be found it's website. .