Novonix Limited ADR (NVX) Finishes at $1.09 on Monday

Ulysses Smith

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.63 million shares were traded. NVX stock price reached its highest trading level at $1.13 during the session, while it also had its lowest trading level at $1.07.

Ratios:

For a better understanding of NVX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.31.

Upgrades & Downgrades

In the most recent recommendation for this company, Chardan Capital Markets on May 30, 2024, initiated with a Buy rating and assigned the stock a target price of $4.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVX now has a Market Capitalization of 242642112 and an Enterprise Value of 740439488. For the stock, the TTM Price-to-Sale (P/S) ratio is 38.67 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 124.833 whereas that against EBITDA is -15.769.

Stock Price History:

The Beta on a monthly basis for NVX is 2.64, which has changed by -0.39444447 over the last 52 weeks, in comparison to a change of 0.17823458 over the same period for the S&P500. Over the past 52 weeks, NVX has reached a high of $3.86, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -14.33%, while the 200-Day Moving Average is calculated to be -15.42%.

Shares Statistics:

Over the past 3-months, NVX traded about 3.67M shares per day on average, while over the past 10 days, NVX traded about 1064320 shares per day. A total of 159.05M shares are outstanding, with a floating share count of 122.15M. Shares short for NVX as of 1765756800 were 2491624 with a Short Ratio of 0.68, compared to 1763078400 on 1395843. Therefore, it implies a Short% of Shares Outstanding of 2491624 and a Short% of Float of 1.38.

Revenue Estimates

A total of 2 analysts have provided revenue estimates for NVX’s current fiscal year. The highest revenue estimate was $14.93M, while the lowest revenue estimate was $9.13M, resulting in an average revenue estimate of $12.03M. In the same quarter a year ago, actual revenue was $9.43MBased on 1 analysts’ estimates, the company’s revenue will be $226.86M in the next fiscal year. The high estimate is $226.86M and the low estimate is $226.86M.

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