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NASDAQ: MNOV
Medicinova Inc Stock

$1.38+0.09 (+6.98%)
Updated May 2, 2024
MNOV Price
$1.38
Fair Value Price
$1.05
Market Cap
$67.68M
52 Week Low
$1.26
52 Week High
$2.66
P/E
-8.12x
P/B
1.09x
P/S
73.57x
PEG
N/A
Dividend Yield
N/A
Revenue
$1.00M
Earnings
-$8.57M
Gross Margin
100%
Operating Margin
-856.85%
Profit Margin
-857.2%
Debt to Equity
0.06
Operating Cash Flow
-$7M
Beta
1.08
Next Earnings
May 10, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MNOV Overview

MediciNova, Inc., a biopharmaceutical company, focuses on developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs in the United States. The company is developing MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent for treating neurological disorders, such as primary and secondary progressive multiple sclerosis, amyotrophic lateral sclerosis, chemotherapy-induced peripheral neuropathy, degenerative cervical myelopathy, glioblastoma, and substance dependence and addiction. Its product pipeline also includes MN-221 (bedoradrine), a selective beta-2-adrenergic receptor agonist for the treatment of acute exacerbations of asthma; MN-001 (tipelukast), an orally bioavailable small molecule compound to treat fibrotic diseases, including nonalcoholic steatohepatitis and idiopathic pulmonary fibrosis; and MN-029 (denibulin), a tubulin binding agent for treating solid tumor cancers. The company has collaboration agreements with Kissei Pharmaceutical Co., Ltd.; Kyorin Pharmaceutical Co., Ltd; Angiogene Pharmaceuticals Ltd.; and Meiji Seika Kaisha Ltd. MediciNova, Inc. was incorporated in 2000 and is headquartered in La Jolla, California.

Zen Score

Industry Average (23)
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Due Diligence Checks

MNOV ($1.38) is overvalued by 30.91% relative to our estimate of its Fair Value price of $1.05 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
MNOV ($1.38) is not significantly undervalued (30.91%) relative to our estimate of its Fair Value price of $1.05 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
MNOV is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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MNOV News

Valuation

MNOV fair value

Fair Value of MNOV stock based on Discounted Cash Flow (DCF)
Price
$1.38
Fair Value
$1.05
Overvalued by
30.91%
MNOV ($1.38) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
MNOV ($1.38) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
MNOV is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MNOV price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-8.12x
Industry
7.63x
Market
35.48x

MNOV price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.09x
Industry
5.99x
MNOV is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MNOV's financial health

Profit margin

Revenue
$0.0
Net Income
-$2.1M
Profit Margin
0%
MNOV's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
MNOV's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$66.3M
Liabilities
$3.9M
Debt to equity
0.06
MNOV's short-term assets ($51.17M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MNOV's short-term assets ($51.17M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MNOV's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MNOV's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$499.1k
Investing
$22.0
Financing
$0.0
MNOV's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MNOV vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
MNOV$67.68M+6.98%-8.12x1.09x
YS$68.68M-1.60%N/A0.14x
CARM$66.47M-1.84%-0.62x2.51x
CSBR$66.19M+0.19%-6.76x-32.16x
RLYB$69.20M-3.68%-0.99x0.65x

Medicinova Stock FAQ

What is Medicinova's quote symbol?

(NASDAQ: MNOV) Medicinova trades on the NASDAQ under the ticker symbol MNOV. Medicinova stock quotes can also be displayed as NASDAQ: MNOV.

If you're new to stock investing, here's how to buy Medicinova stock.

What is the 52 week high and low for Medicinova (NASDAQ: MNOV)?

(NASDAQ: MNOV) Medicinova's 52-week high was $2.66, and its 52-week low was $1.26. It is currently -48.12% from its 52-week high and 9.52% from its 52-week low.

How much is Medicinova stock worth today?

(NASDAQ: MNOV) Medicinova currently has 49,046,246 outstanding shares. With Medicinova stock trading at $1.38 per share, the total value of Medicinova stock (market capitalization) is $67.68M.

Medicinova stock was originally listed at a price of $12.10 in Dec 8, 2006. If you had invested in Medicinova stock at $12.10, your return over the last 17 years would have been -88.6%, for an annualized return of -11.99% (not including any dividends or dividend reinvestments).

How much is Medicinova's stock price per share?

(NASDAQ: MNOV) Medicinova stock price per share is $1.38 today (as of May 2, 2024).

What is Medicinova's Market Cap?

(NASDAQ: MNOV) Medicinova's market cap is $67.68M, as of May 3, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Medicinova's market cap is calculated by multiplying MNOV's current stock price of $1.38 by MNOV's total outstanding shares of 49,046,246.
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