In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, NeoVolta Inc (NASDAQ: NEOV) closed at $4.21 up 2.68% from its previous closing price of $4.10. In other words, the price has increased by $2.68 from its previous closing price. On the day, 0.81 million shares were traded. NEOV stock price reached its highest trading level at $4.42 during the session, while it also had its lowest trading level at $3.98.
Ratios:
For a deeper understanding of NeoVolta Inc’s stock, let’s take a closer look at its various ratios. 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 140452752 and an Enterprise Value of 139564096. For the stock, the TTM Price-to-Sale (P/S) ratio is 56.86 while its Price-to-Book (P/B) ratio in mrq is 35.92. Its current Enterprise Value per Revenue stands at 56.477.
Stock Price History:
The Beta on a monthly basis for NEOV is -0.34, which has changed by 1.6797385 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. 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 -13.07%, while the 200-Day Moving Average is calculated to be 31.14%.
Shares Statistics:
For the past three months, NEOV has traded an average of 259.09K shares per day and 313280 over the past ten days. A total of 33.25M shares are outstanding, with a floating share count of 28.38M. Insiders hold about 14.93% of the company’s shares, while institutions hold 15.15% stake in the company. Shares short for NEOV as of 1735603200 were 877745 with a Short Ratio of 3.39, compared to 1732838400 on 866286. Therefore, it implies a Short% of Shares Outstanding of 877745 and a Short% of Float of 3.1.
