Ovid Therapeutics Hits New 52-Week High at $2.01, Marking Significant Milestone

Oct 06 2025 05:34 PM IST
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Ovid Therapeutics, Inc. has achieved a new 52-week high of USD 2.01, recovering from a previous low of USD 0.24. Despite this milestone, the company has faced a challenging year with a significant performance decline. Ovid's market capitalization is USD 88 million, and it remains loss-making.
Ovid Therapeutics, Inc., a microcap player in the Pharmaceuticals & Biotechnology sector, has reached a significant milestone by hitting a new 52-week high of USD 2.01 on October 3, 2025. This achievement marks a notable recovery from its previous low of USD 0.24, reflecting a substantial increase in its stock price over the past year.

Despite this recent uptick, Ovid Therapeutics has experienced a challenging year, with a performance decline of 40.65%, contrasting sharply with the S&P 500's gain of 17.82% during the same period. The company's market capitalization stands at USD 88 million, indicating its microcap status within the industry.

Financial metrics reveal that Ovid Therapeutics is currently loss-making, with a negative return on equity of 59.71% and a debt-to-equity ratio of -0.66. The stock does not offer a dividend yield, and its price-to-book ratio is 1.58. As Ovid Therapeutics continues to navigate the complexities of the biotechnology landscape, this recent price milestone highlights its current market position.
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