Company’s 36-month beta value is -0.73.
The public float for NVOS is 15.58M, and currently, short sellers hold a 6.14% ratio of that floaft. The average trading volume of NVOS on May 06, 2024 was 782.77K shares.
NVOS) stock’s latest price update
The stock price of Novo Integrated Sciences Inc (NASDAQ: NVOS) has dropped by -12.82 compared to previous close of 0.60. Despite this, the company has seen a gain of 0.77% in its stock price over the last five trading days. PennyStocks reported 2023-10-02 that Penny stocks refer to stocks that trade for less than $5 per share. They are typically small companies that trade over-the-counter or on the OTC.
NVOS’s Market Performance
NVOS’s stock has risen by 0.77% in the past week, with a monthly rise of 4.81% and a quarterly drop of -32.95%. The volatility ratio for the week is 20.08% while the volatility levels for the last 30 days are 16.41% for Novo Integrated Sciences Inc The simple moving average for the past 20 days is -0.63% for NVOS’s stock, with a -62.84% simple moving average for the past 200 days.
NVOS Trading at -5.89% from the 50-Day Moving Average
After a stumble in the market that brought NVOS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.29% of loss for the given period.
Volatility was left at 16.41%, however, over the last 30 days, the volatility rate increased by 20.08%, as shares surge +16.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.32% lower at present.
During the last 5 trading sessions, NVOS rose by +0.77%, which changed the moving average for the period of 200-days by -56.05% in comparison to the 20-day moving average, which settled at $0.5300. In addition, Novo Integrated Sciences Inc saw -36.30% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NVOS
Current profitability levels for the company are sitting at:
- -0.69 for the present operating margin
- 0.4 for the gross margin
The net margin for Novo Integrated Sciences Inc stands at -0.88. The total capital return value is set at -0.38. Equity return is now at value -48.89, with -33.83 for asset returns.
Based on Novo Integrated Sciences Inc (NVOS), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -0.93. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is -3.0.
Currently, EBITDA for the company is -5.63 million with net debt to EBITDA at -0.64. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 6.34for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.
Conclusion
In a nutshell, Novo Integrated Sciences Inc (NVOS) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
