Holdco Nuvo Group D.G Ltd. (NASDAQ:NUVO) price closed lower on Friday, May 03, dropping -56.69% below its previous close.
A look at the daily price movement shows that the last close reads $4.71. Taking into account the 52-week price action we note that the stock hit a 52-week high of $21.50 and 52-week low of $4.04. The stock subtracted -81.09% on its value in the past month.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that NUVO’s price is at present -72.63% off the SMA20 and -78.40% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 23.96, with weekly volatility standing at 62.48%. The indicator jumps to 29.12% when calculated based on the past 30 days. Holdco Nuvo Group D.G Ltd. (NASDAQ:NUVO)’s beta value is holding at 0.05, while the average true range (ATR) indicator is currently reading 1.72.
An analysis of the Holdco Nuvo Group D.G Ltd. (NASDAQ:NUVO) stock in terms of its daily trading volume indicates that the 3-month average is 100.16K.
Current records show that the company has 12.49M in outstanding shares. The insiders’ percentage holdings are 76.28% of outstanding shares while the percentage share held by institutions stands at 23.53%. But the -81.06% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
