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As of close of business last night, Novonix Limited ADR’s stock clocked out at $1.57, up 1.29% from its previous closing price of $1.55. In other words, the price has increased by $1.29 from its previous closing price. On the day, 1.02 million shares were traded. NVX stock price reached its highest trading level at $1.6698 during the session, while it also had its lowest trading level at $1.505.
Ratios:
To gain a deeper understanding of NVX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.94 and its Current Ratio is at 6.15. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.48.
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 222918032 and an Enterprise Value of 782558080. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.26 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 113.825 whereas that against EBITDA is -16.734.
Stock Price History:
Over the past 52 weeks, NVX has reached a high of $3.10, while it has fallen to a 52-week low of $1.40. The 50-Day Moving Average of the stock is -20.32%, while the 200-Day Moving Average is calculated to be -21.64%.
Shares Statistics:
It appears that NVX traded 100.88K shares on average per day over the past three months and 227200 shares per day over the past ten days. A total of 122.25M shares are outstanding, with a floating share count of 122.15M. Shares short for NVX as of 1732838400 were 243550 with a Short Ratio of 2.41, compared to 1730332800 on 120576. Therefore, it implies a Short% of Shares Outstanding of 243550 and a Short% of Float of 0.21.
