With 0.56 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.03 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $3.3 whereas the lowest price it dropped to was $2.96. 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 -0.21.
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 down-trending over the past week, with a drop of -1.63%, but this was down by -47.80% over a month. Three-month performance dropped to -12.70% while six-month performance rose 62.62%. The stock lost -87.43% in the past year, while it has lost -61.50% so far this year.
Float and Shares Shorts:
At present, 3.46 million NVNI shares are outstanding with a float of 1.42 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 70.0 and a low target of 70.0, the average target price over the next 12 months is 70.0. Based on these targets, NVNI could surge 2172.73% to reach the target high and rise by 2172.73% to reach the target low. Reaching the average price target will result in a growth of 2172.73% 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.
