Nvni Group Ltd (NASDAQ:NVNI) concluded the trading at $0.17 on current market day with a rise of 2.79% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $0.16 with its price kept floating in the range of $0.1555 and $0.166 on the day. Considering stock’s 52-week price range provides that NVNI hit a high price of $12.19 and saw its price falling to a low level of $0.14 during that period. Over a period of past 1-month, stock came subtracting -4.65% in its value.
With its current market valuation of $5.54 million, Nvni Group Ltd is set to declare its quarterly results in May. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to -0.3 for current year with estimates of that growing to -0.1 in next year.
In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 187.07M in current fiscal year, which will be 10.70% more from revenue generated by the company last year.
In contrast, when we review NVNI stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 50% Sell for it.
Digging deeper we become aware of the PEG ratio of the NVNI stock which is currently positioned at 0. It further provides that stock’s current price level is -11.23% away from its 20-day simple moving average and is -78.17% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 30.30 while volatility remained at 9.12% over the past week which changes to 14.35% when measuring it over the past month. Beta is valued at 0.05, while measure of average true range or ATR is currently at 0.08.
Having a second look at Nvni Group Ltd (NASDAQ:NVNI) provides that stock’s average daily trading volume for 3 months was 17.88 million, while it jumped to 2591320 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 33.39 million.
The percentage of outstanding shares held by the insiders is 62.16% while it is 3.66% for the institutional holders. Subtraction of -93.22% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
