NEOV has 36-month beta value of -0.54. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NEOV is 28.30M, and currently, short sellers hold a 0.34% ratio of that float. The average trading volume of NEOV on April 25, 2024 was 109.14K shares.
NEOV) stock’s latest price update
NeoVolta Inc (NASDAQ: NEOV)’s stock price has plunge by 8.55relation to previous closing price of 1.99. Nevertheless, the company has seen a 20.00% surge in its stock price over the last five trading sessions. GlobeNewsWire reported 2021-10-12 that Revenue Driven by Accelerated Growth in Sales Volume and Product Expansion Revenue Driven by Accelerated Growth in Sales Volume and Product Expansion
NEOV’s Market Performance
NeoVolta Inc (NEOV) has experienced a 20.00% rise in stock performance for the past week, with a 108.17% rise in the past month, and a 32.52% rise in the past quarter. The volatility ratio for the week is 9.19%, and the volatility levels for the past 30 days are at 18.97% for NEOV. The simple moving average for the last 20 days is 22.14% for NEOV stock, with a simple moving average of 5.51% for the last 200 days.
NEOV Trading at 53.47% from the 50-Day Moving Average
After a stumble in the market that brought NEOV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.91% of loss for the given period.
Volatility was left at 18.97%, however, over the last 30 days, the volatility rate increased by 9.19%, as shares surge +113.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.46% upper at present.
During the last 5 trading sessions, NEOV rose by +20.00%, which changed the moving average for the period of 200-days by -28.24% in comparison to the 20-day moving average, which settled at $1.8300. In addition, NeoVolta Inc saw 35.00% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NEOV
Current profitability levels for the company are sitting at:
- -0.62 for the present operating margin
- 0.22 for the gross margin
The net margin for NeoVolta Inc stands at -0.63. The total capital return value is set at -0.35. Equity return is now at value -30.13, with -30.00 for asset returns.
Currently, EBITDA for the company is -2.64 million with net debt to EBITDA at 0.77. When we switch over and look at the enterprise to sales, we see a ratio of 22.44. The receivables turnover for the company is 1.43for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 482.22.
Conclusion
To put it simply, NeoVolta Inc (NEOV) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
