Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The closing price of NanoViricides Inc (AMEX: NNVC) was $1.49 for the day, down -0.67% from the previous closing price of $1.50. In other words, the price has decreased by -$0.67 from its previous closing price. On the day, 0.72 million shares were traded. NNVC stock price reached its highest trading level at $1.53 during the session, while it also had its lowest trading level at $1.46.
Ratios:
Our analysis of NNVC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.48 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Midtown Partners on February 11, 2015, initiated with a Strong Buy rating and assigned the stock a target price of $5.30.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NNVC now has a Market Capitalization of 21377030 and an Enterprise Value of 13254941.
Stock Price History:
Over the past 52 weeks, NNVC has reached a high of $3.59, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 3.90%, while the 200-Day Moving Average is calculated to be -10.50%.
Shares Statistics:
NNVC traded an average of 209.87K shares per day over the past three months and 579510 shares per day over the past ten days. A total of 14.06M shares are outstanding, with a floating share count of 13.78M. Insiders hold about 3.95% of the company’s shares, while institutions hold 9.34% stake in the company. Shares short for NNVC as of 1730332800 were 339335 with a Short Ratio of 1.26, compared to 1727654400 on 450932. Therefore, it implies a Short% of Shares Outstanding of 339335 and a Short% of Float of 2.54.
