Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $1.20 in the prior trading day, NanoViricides Inc (AMEX: NNVC) closed at $1.19, down -0.83%. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 0.23 million shares were traded. NNVC stock price reached its highest trading level at $1.24 during the session, while it also had its lowest trading level at $1.17.
Ratios:
Our goal is to gain a better understanding of NNVC by taking a closer look at its different ratios. 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 17072930 and an Enterprise Value of 13254941.
Stock Price History:
The Beta on a monthly basis for NNVC is 1.37, which has changed by 0.15533984 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, NNVC has reached a high of $3.59, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is -15.43%, while the 200-Day Moving Average is calculated to be -28.98%.
Shares Statistics:
The stock has traded on average 293.26K shares per day over the past 3-months and 649670 shares per day over the last 10 days, according to various share statistics. 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 0.49, compared to 1727654400 on 450932. Therefore, it implies a Short% of Shares Outstanding of 339335 and a Short% of Float of 2.54.
