With 4.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.44 million shares. The 52-week range on NUVB shows that it touched its highest point at $4.16 and its lowest point at $1.67 during that stretch. It currently has a 1-year price target of $7.40. Beta for the stock currently stands at 1.46.
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 NUVB was up-trending over the past week, with a rise of 2.54%, but this was down by -17.55% over a month. Three-month performance dropped to -30.10% while six-month performance fell -32.89%. The stock lost -7.34% in the past year, while it has lost -24.06% so far this year. A look at the trailing 12-month EPS for NUVB yields -2.25 with Next year EPS estimates of -0.66. For the next quarter, that number is -0.14. This implies an EPS growth rate of 74.09% for this year and -21.46% for next year. EPS is expected to grow by 35.86% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -49.14%.
Float and Shares Shorts:
At present, 336.84 million NUVB shares are outstanding with a float of 226.07 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NUVB since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.07047 being high and -$2.24879 being low. For NUVB, this leads to a yearly average estimate of -$2.12. Based on analyst estimates, the high estimate for the next quarter is -$0.12 and the low estimate is -$0.14. The average estimate for the next quarter is thus -$0.13.
