With 4.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.27 million shares. The 52-week range on NVTS shows that it touched its highest point at $5.38 and its lowest point at $1.75 during that stretch. It currently has a 1-year price target of $3.61. Beta for the stock currently stands at 2.18.
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 NVTS was up-trending over the past week, with a rise of 4.10%, but this was down by -14.48% over a month. Three-month performance dropped to -32.63% while six-month performance rose 9.01%. The stock lost -52.79% in the past year, while it has lost -28.85% so far this year. A look at the trailing 12-month EPS for NVTS yields -0.46 with Next year EPS estimates of -0.08. For the next quarter, that number is -0.06. This implies an EPS growth rate of 30.56% for this year and 54.25% for next year.
Float and Shares Shorts:
At present, 186.80 million NVTS shares are outstanding with a float of 114.14 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 NVTS since 2 analysts follow the stock currently. There are 2 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 -$0.25946 being high and -$0.30347 being low. For NVTS, this leads to a yearly average estimate of -$0.281465.
