Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The closing price of NeoVolta Inc (NASDAQ: NEOV) was $4.96 for the day, down -8.66% from the previous closing price of $5.43. In other words, the price has decreased by -$8.66 from its previous closing price. On the day, 0.18 million shares were traded. NEOV stock price reached its highest trading level at $5.44 during the session, while it also had its lowest trading level at $4.93.
Ratios:
Our analysis of NEOV’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.39 and its Current Ratio is at 16.35. 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, NEOV now has a Market Capitalization of 165474032 and an Enterprise Value of 164497152. For the stock, the TTM Price-to-Sale (P/S) ratio is 66.99 while its Price-to-Book (P/B) ratio in mrq is 42.32. Its current Enterprise Value per Revenue stands at 66.566.
Stock Price History:
Over the past 52 weeks, NEOV has reached a high of $6.11, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 32.57%, while the 200-Day Moving Average is calculated to be 87.44%.
Shares Statistics:
NEOV traded an average of 213.87K shares per day over the past three months and 344010 shares per day over the past ten days. A total of 33.24M shares are outstanding, with a floating share count of 28.38M. Insiders hold about 14.93% of the company’s shares, while institutions hold 25.60% stake in the company. Shares short for NEOV as of 1731628800 were 842089 with a Short Ratio of 3.94, compared to 1728950400 on 539189. Therefore, it implies a Short% of Shares Outstanding of 842089 and a Short% of Float of 2.98.
