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After finishing at $74.98 in the prior trading day, Nuvalent Inc (NASDAQ: NUVL) closed at $73.93, down -1.40%. In other words, the price has decreased by -$1.40 from its previous closing price. On the day, 0.62 million shares were traded. NUVL stock price reached its highest trading level at $77.925 during the session, while it also had its lowest trading level at $71.95.
Ratios:
Our goal is to gain a better understanding of NUVL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.96 and its Current Ratio is at 20.96. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 30, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $110.
On October 24, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $100.UBS initiated its Neutral rating on October 24, 2024, with a $100 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 17 ’25 when Porter James Richard sold 27,000 shares for $75.87 per share. The transaction valued at 2,048,562 led to the insider holds 249,062 shares of the business.
Noci Darlene sold 30,000 shares of NUVL for $2,155,857 on Mar 06 ’25. The Chief Development Officer now owns 48,034 shares after completing the transaction at $71.86 per share. On Mar 07 ’25, another insider, Noci Darlene, who serves as the Chief Development Officer of the company, sold 4,000 shares for $71.93 each. As a result, the insider received 287,721 and left with 48,034 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NUVL now has a Market Capitalization of 5368412160 and an Enterprise Value of 4174932224.
Stock Price History:
The Beta on a monthly basis for NUVL is 1.42, which has changed by -0.021659732 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, NUVL has reached a high of $113.51, while it has fallen to a 52-week low of $61.79. The 50-Day Moving Average of the stock is -5.89%, while the 200-Day Moving Average is calculated to be -12.71%.
Shares Statistics:
The stock has traded on average 509.25K shares per day over the past 3-months and 543160 shares per day over the last 10 days, according to various share statistics. A total of 65.91M shares are outstanding, with a floating share count of 44.34M. Insiders hold about 38.07% of the company’s shares, while institutions hold 71.70% stake in the company. Shares short for NUVL as of 1741910400 were 5490328 with a Short Ratio of 10.78, compared to 1739491200 on 5472017. Therefore, it implies a Short% of Shares Outstanding of 5490328 and a Short% of Float of 20.11.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0