With 0.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.14 million shares. During the session, the Medical Devices company that operates in wider Healthcare sector, reached to the highest price of $3.39 whereas the lowest price it dropped to was $3.1. The 52-week range on NVNO shows that it touched its highest point at $6.97 and its lowest point at $3.01 during that stretch. It currently has a 1-year price target of $18.00. Beta for the stock currently stands at 1.23.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NVNO was down-trending over the past week, with a drop of -5.34%, but this was down by -7.54% over a month. Three-month performance dropped to -39.81% while six-month performance fell -33.82%. The stock lost -14.02% in the past year, while it has lost -37.94% so far this year.
Float and Shares Shorts:
At present, 17.54 million NVNO shares are outstanding with a float of 17.48 million shares on hand for trading. On 2024-11-15, short shares totaled 0.51 million, which was 291.0 higher than short shares on 1728950400. In addition to Mr. Robert A. Berman as the firm’s CEO & Director, Mr. Craig Thomas Glynn serves as its CFO, Treasurer & Secretary.
Institutional Ownership:
Through their ownership of 0.2976 of NVNO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, NVNO reported revenue of $0.0 and operating income of -$6170000.0. The EBITDA in the recently reported quarter was -$6475000.0 and diluted EPS was -$0.35.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With NVNO analysts setting a high price target of 18.0 and a low target of 18.0, the average target price over the next 12 months is 18.0. Based on these targets, NVNO could surge 464.26% to reach the target high and rise by 464.26% to reach the target low. Reaching the average price target will result in a growth of 464.26% from current levels.
Analysts have provided yearly estimates in a range of -$1.3 being high and -$1.3 being low. For NVNO, this leads to a yearly average estimate of -$1.3. The surprise factor in the prior quarter was -$0.36. Based on analyst estimates, the high estimate for the next quarter is -$0.34 and the low estimate is -$0.34. The average estimate for the next quarter is thus -$0.34.
