Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Nuvalent Inc (NASDAQ: NUVL) closed the day trading at $61.99 down -4.19% from the previous closing price of $64.70. In other words, the price has decreased by -$4.19 from its previous closing price. On the day, 0.93 million shares were traded. NUVL stock price reached its highest trading level at $65.55 during the session, while it also had its lowest trading level at $58.05.
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 Mar 27 ’25 when Noci Darlene sold 4,000 shares for $73.12 per share. The transaction valued at 292,468 led to the insider holds 48,034 shares of the business.
Porter James Richard sold 27,000 shares of NUVL for $2,048,562 on Mar 17 ’25. The President and CEO now owns 249,062 shares after completing the transaction at $75.87 per share. On Mar 06 ’25, another insider, Noci Darlene, who serves as the Chief Development Officer of the company, sold 30,000 shares for $71.86 each. As a result, the insider received 2,155,857 and left with 48,034 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NUVL now has a Market Capitalization of 4438354432 and an Enterprise Value of 3588545280.
Stock Price History:
The Beta on a monthly basis for NUVL is 1.46, which has changed by -0.053732276 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. 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 -18.18%, while the 200-Day Moving Average is calculated to be -26.25%.
Shares Statistics:
Over the past 3-months, NUVL traded about 557.47K shares per day on average, while over the past 10 days, NUVL traded about 828850 shares per day. A total of 65.91M shares are outstanding, with a floating share count of 44.34M. Insiders hold about 38.07% of the company’s shares, while institutions hold 71.73% stake in the company. Shares short for NUVL as of 1741910400 were 5490328 with a Short Ratio of 10.52, compared to 1739491200 on 5472017. Therefore, it implies a Short% of Shares Outstanding of 5490328 and a Short% of Float of 20.11.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
