Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Nuvalent Inc (NASDAQ: NUVL) closed the day trading at $68.19 down -9.60% from the previous closing price of $75.43. In other words, the price has decreased by -$9.60 from its previous closing price. On the day, 0.97 million shares were traded.
Ratios:
For a better understanding of NUVL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.96 and its Current Ratio is at 20.96. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 30, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $110.
On October 24, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $100.UBS initiated its Neutral rating on October 24, 2024, with a $100 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 29 ’25 when Noci Darlene sold 4,000 shares for $74.56 per share. The transaction valued at 298,240 led to the insider holds 48,034 shares of the business.
Porter James Richard sold 27,000 shares of NUVL for $1,861,504 on Apr 15 ’25. The President and CEO now owns 249,062 shares after completing the transaction at $68.94 per share. On Apr 15 ’25, another insider, James Richard Porter, who serves as the Officer of the company, bought 81,000 shares for $70.00 each.
Stock Price History:
Over the past 52 weeks, NUVL has reached a high of $113.51, while it has fallen to a 52-week low of $55.53. The 50-Day Moving Average of the stock is -5.61%, while the 200-Day Moving Average is calculated to be -18.53%.
Shares Statistics:
A total of 65.91M shares are outstanding, with a floating share count of 44.48M. Insiders hold about 38.05% of the company’s shares, while institutions hold 71.31% stake in the company.
