The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Novo Integrated Sciences Inc (NASDAQ: NVOS) closed at $0.57 up 9.01% from its previous closing price of $0.52. In other words, the price has increased by $9.01 from its previous closing price. On the day, 0.68 million shares were traded. NVOS stock price reached its highest trading level at $0.58 during the session, while it also had its lowest trading level at $0.52.
Ratios:
For a deeper understanding of Novo Integrated Sciences Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.08.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVOS now has a Market Capitalization of 10862971 and an Enterprise Value of 15254650. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 1.117 whereas that against EBITDA is -2.155.
Stock Price History:
Over the past 52 weeks, NVOS has reached a high of $5.38, while it has fallen to a 52-week low of $0.42. The 50-Day Moving Average of the stock is 3.39%, while the 200-Day Moving Average is calculated to be -59.40%.
Shares Statistics:
For the past three months, NVOS has traded an average of 795.33K shares per day and 998500 over the past ten days. A total of 15.76M shares are outstanding, with a floating share count of 15.58M. Insiders hold about 7.32% of the company’s shares, while institutions hold 5.90% stake in the company. Shares short for NVOS as of 1713139200 were 956025 with a Short Ratio of 1.20, compared to 1710460800 on 564435. Therefore, it implies a Short% of Shares Outstanding of 956025 and a Short% of Float of 5.050000000000001.
