Tivic Health stock hits 52-week low at $2.85 amid sharp decline

Published 28/03/2025, 14:32
Tivic Health stock hits 52-week low at $2.85 amid sharp decline

In a challenging year for Tivic Health Systems Inc., the company’s stock has touched a 52-week low, sinking to $2.85, with a market capitalization now at just $1.86 million. According to InvestingPro analysis, the stock appears undervalued at current levels. This latest price point underscores a significant downturn for the medical device company, which has seen its shares plummet by 86.26% over the past year. Investors have been wary as Tivic Health grapples with market pressures and internal challenges, with InvestingPro data showing a weak overall financial health score of 1.58. Despite these challenges, the company maintains a strong current ratio of 9.7 and holds more cash than debt on its balance sheet. The 52-week low serves as a critical marker for the company, reflecting investor sentiment and the need for strategic reassessments to regain market confidence. With a beta of 1.91, the stock exhibits high volatility compared to the market. InvestingPro subscribers can access 14 additional investment tips and a comprehensive analysis report for deeper insights into TIVC’s potential recovery prospects.

In other recent news, Tivic Health Systems reported a 33% decline in revenue for the first quarter of 2025, totaling $800,000 compared to the previous year. Despite this drop, the company improved its net loss to $5.7 million from $8.2 million in the prior year, indicating better cost management. Tivic has acquired exclusive rights to a Phase Three immunomodulatory drug, Entelimod, and is focusing on its commercialization, which could potentially lead to significant revenue opportunities. The company plans to file for an FDA Biologics License Application within 18 months. Tivic also announced the expansion of its patent portfolio and has secured a $25 million equity line of credit to support its development stages. The company is prioritizing the development of its vagus nerve stimulation device and aims to start disease-specific clinical trials in 2025. Additionally, Tivic recently underwent a 17-for-1 reverse stock split to meet NASDAQ listing requirements and improve its stock’s attractiveness to investors.

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