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The closing price of Novonix Limited ADR (NASDAQ: NVX) was $1.31 for the day, up 2.34% from the previous closing price of $1.28. In other words, the price has increased by $2.34 from its previous closing price. On the day, 83302.0 shares were traded. NVX stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.2375.
Ratios:
Our analysis of NVX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 208300464 and an Enterprise Value of 772900864. For the stock, the TTM Price-to-Sale (P/S) ratio is 35.67 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 132.02 whereas that against EBITDA is -15.317.
Stock Price History:
The Beta on a monthly basis for NVX is 2.75, which has changed by -0.34825873 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, NVX has reached a high of $2.73, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is 11.53%, while the 200-Day Moving Average is calculated to be -16.13%.
Shares Statistics:
NVX traded an average of 95.85K shares per day over the past three months and 108840 shares per day over the past ten days. A total of 141.99M shares are outstanding, with a floating share count of 122.15M. Shares short for NVX as of 1745971200 were 524339 with a Short Ratio of 5.47, compared to 1743379200 on 377925. Therefore, it implies a Short% of Shares Outstanding of 524339 and a Short% of Float of 0.4.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
