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.
The closing price of NanoViricides Inc (AMEX: NNVC) was $1.26 for the day, up 7.69% from the previous closing price of $1.17. In other words, the price has increased by $7.69 from its previous closing price. On the day, 0.21 million shares were traded. NNVC stock price reached its highest trading level at $1.28 during the session, while it also had its lowest trading level at $1.17.
Ratios:
Our analysis of NNVC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In the most recent recommendation for this company, Midtown Partners on February 11, 2015, initiated with a Strong Buy rating and assigned the stock a target price of $5.30.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NNVC now has a Market Capitalization of 22676220 and an Enterprise Value of 21550518.
Stock Price History:
The Beta on a monthly basis for NNVC is 1.19, which has changed by -0.1397059 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, NNVC has reached a high of $2.23, while it has fallen to a 52-week low of $0.94. The 50-Day Moving Average of the stock is -15.65%, while the 200-Day Moving Average is calculated to be -11.56%.
Shares Statistics:
NNVC traded an average of 258.71K shares per day over the past three months and 327850 shares per day over the past ten days. A total of 17.56M shares are outstanding, with a floating share count of 17.38M. Insiders hold about 3.44% of the company’s shares, while institutions hold 7.94% stake in the company. Shares short for NNVC as of 1763078400 were 227743 with a Short Ratio of 0.88, compared to 1760486400 on 46270. Therefore, it implies a Short% of Shares Outstanding of 227743 and a Short% of Float of 1.3099999.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.13 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.53 and -$0.58 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is -$0.46, with 1.0 analysts recommending between -$0.46 and -$0.46.
