With 1.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.58 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $4.2 whereas the lowest price it dropped to was $3.4. The 52-week range on NVNI shows that it touched its highest point at $121.90 and its lowest point at $1.44 during that stretch. It currently has a 1-year price target of $70.49. Beta for the stock currently stands at -0.30.
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 40.62%, but this was up by 18.42% over a month. Three-month performance dropped to -26.24% while six-month performance rose 20.93%. The stock lost -83.47% in the past year, while it has lost -46.00% so far this year.
Float and Shares Shorts:
At present, 3.46 million NVNI shares are outstanding with a float of 1.30 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 25.0 and a low target of 25.0, the average target price over the next 12 months is 25.0. Based on these targets, NVNI could surge 517.28% to reach the target high and rise by 517.28% to reach the target low. Reaching the average price target will result in a growth of 517.28% 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 -$0.2855 being high and -$0.2855 being low. For NVNI, this leads to a yearly average estimate of -$0.2855.
