The stock of Holdco Nuvo Group D.G Ltd. (NUVO) has gone down by -70.00% for the week, with a -81.09% drop in the past month and a -81.35% drop in the past quarter. The volatility ratio for the week is 62.48%, and the volatility levels for the past 30 days are 29.12% for NUVO. The simple moving average for the past 20 days is -72.63% for NUVO’s stock, with a -80.27% simple moving average for the past 200 days.
Is It Worth Investing in Holdco Nuvo Group D.G Ltd. (NASDAQ: NUVO) Right Now?
Additionally, the 36-month beta value for NUVO is 0.16.
The public float for NUVO is 2.96M and currently, short sellers hold a 0.53% ratio of that float. The average trading volume of NUVO on May 06, 2024 was 100.16K shares.
NUVO) stock’s latest price update
The stock of Holdco Nuvo Group D.G Ltd. (NASDAQ: NUVO) has decreased by -56.69 when compared to last closing price of 4.71.Despite this, the company has seen a loss of -70.00% in its stock price over the last five trading days.
NUVO Trading at -78.40% from the 50-Day Moving Average
After a stumble in the market that brought NUVO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.51% of loss for the given period.
Volatility was left at 29.12%, however, over the last 30 days, the volatility rate increased by 62.48%.
During the last 5 trading sessions, NUVO fell by -56.69%, in comparison to the 20-day moving average. In addition, Holdco Nuvo Group D.G Ltd. saw -81.06% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NUVO
Equity return is now at value -2.63, with -2.34 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.03.
Conclusion
In conclusion, Holdco Nuvo Group D.G Ltd. (NUVO) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
