Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Enveric Biosciences Inc (NASDAQ: ENVB) closed the day trading at $0.6 down -4.51% from the previous closing price of $0.63. In other words, the price has decreased by -$4.51 from its previous closing price. On the day, 0.88 million shares were traded. ENVB stock price reached its highest trading level at $0.64 during the session, while it also had its lowest trading level at $0.5606.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENVB now has a Market Capitalization of 1952964 and an Enterprise Value of -796976.
Stock Price History:
The Beta on a monthly basis for ENVB is 0.61, which has changed by -0.9941836 over the last 52 weeks, in comparison to a change of 0.1653893 over the same period for the S&P500. Over the past 52 weeks, ENVB has reached a high of $8.32, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -46.89%, while the 200-Day Moving Average is calculated to be -71.60%.
Shares Statistics:
Over the past 3-months, ENVB traded about 301.62K shares per day on average, while over the past 10 days, ENVB traded about 805080 shares per day. A total of 3.03M shares are outstanding, with a floating share count of 2.82M. Insiders hold about 13.27% of the company’s shares, while institutions hold 7.21% stake in the company. Shares short for ENVB as of 1756425600 were 397575 with a Short Ratio of 1.32, compared to 1753920000 on 255063. Therefore, it implies a Short% of Shares Outstanding of 397575 and a Short% of Float of 12.34.
