Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Holdco Nuvo Group D.G Ltd. (NASDAQ: NUVO) closed the day trading at $2.04 down -56.69% from the previous closing price of $4.71. In other words, the price has decreased by -$56.69 from its previous closing price. On the day, 1.04 million shares were traded. NUVO stock price reached its highest trading level at $5.4 during the session, while it also had its lowest trading level at $1.9099.
Ratios:
For a better understanding of NUVO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.03 and its Current Ratio is at 0.03. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NUVO now has a Market Capitalization of 67574592 and an Enterprise Value of 32914980.
Stock Price History:
The Beta on a monthly basis for NUVO is 0.16, which has changed by -0.566879 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, NUVO has reached a high of $21.50, while it has fallen to a 52-week low of $4.04. The 50-Day Moving Average of the stock is -78.40%, while the 200-Day Moving Average is calculated to be -80.27%.
Shares Statistics:
Over the past 3-months, NUVO traded about 100.16K shares per day on average, while over the past 10 days, NUVO traded about 560411 shares per day. A total of 12.49M shares are outstanding, with a floating share count of 2.96M. Insiders hold about 76.28% of the company’s shares, while institutions hold 23.53% stake in the company.
