With 3.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 17.77 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $0.2117 whereas the lowest price it dropped to was $0.2013. The 52-week range on NVNI shows that it touched its highest point at $12.19 and its lowest point at $0.17 during that stretch. It currently has a 1-year price target of $7.05. Beta for the stock currently stands at -0.08.
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 NVNI was up-trending over the past week, with a rise of 18.44%, but this was down by -44.82% over a month. Three-month performance dropped to -95.10% while six-month performance fell -76.03%. The stock lost -90.18% in the past year, while it has lost -91.58% so far this year.
Float and Shares Shorts:
At present, 33.39 million NVNI shares are outstanding with a float of 13.20 million shares on hand for trading. In addition to Mr. Pierre Schurmann as the firm’s Chairman & CEO, Mr. Scott Edward Klossner serves as its CFO, Sec. & Director.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With NVNI analysts setting a high price target of 7.0 and a low target of 7.0, the average target price over the next 12 months is 7.0. Based on these targets, NVNI could surge 3233.33% to reach the target high and rise by 3233.33% to reach the target low. Reaching the average price target will result in a growth of 3233.33% from current levels.
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 -$1.87375 being high and -$1.87375 being low. For NVNI, this leads to a yearly average estimate of -$1.87375. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.