The stock has a 36-month beta value of 2.22. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NVRI is 78.39M, and at present, short sellers hold a 2.49% of that float. On May 10, 2024, the average trading volume of NVRI was 399.49K shares.
NVRI) stock’s latest price update
Enviri Corp (NYSE: NVRI)’s stock price has increased by 6.41 compared to its previous closing price of 7.80. However, the company has seen a 17.56% increase in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-04 that Enviri Corporation (NYSE:NVRI ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants David Martin – Vice President of Investor Relations Nick Grasberger – Chairman & Chief Executive Officer Tom Vadaketh – Senior Vice President & Chief Financial Officer Conference Call Participants Rob Brown – Lake Street Capital Markets Larry Solow – CJS Securities Brian Butler – Stifel Davis Baynton – BMO Capital Markets Operator Good morning. My name is Jason and I will be your conference facilitator.
NVRI’s Market Performance
Enviri Corp (NVRI) has seen a 17.56% rise in stock performance for the week, with a -0.12% decline in the past month and a 0.73% surge in the past quarter. The volatility ratio for the week is 5.13%, and the volatility levels for the past 30 days are at 4.93% for NVRI. The simple moving average for the last 20 days is 4.09% for NVRI stock, with a simple moving average of 7.94% for the last 200 days.
Analysts’ Opinion of NVRI
Many brokerage firms have already submitted their reports for NVRI stocks, with BMO Capital Markets repeating the rating for NVRI by listing it as a “Market Perform.” The predicted price for NVRI in the upcoming period, according to BMO Capital Markets is $7 based on the research report published on July 12, 2022 of the previous year 2022.
DA Davidson, on the other hand, stated in their research note that they expect to see NVRI reach a price target of $18. The rating they have provided for NVRI stocks is “Buy” according to the report published on March 30th, 2022.
NVRI Trading at 0.90% from the 50-Day Moving Average
After a stumble in the market that brought NVRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.04% of loss for the given period.
Volatility was left at 4.93%, however, over the last 30 days, the volatility rate increased by 5.13%, as shares sank -1.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.01% upper at present.
During the last 5 trading sessions, NVRI rose by +17.56%, which changed the moving average for the period of 200-days by -9.19% in comparison to the 20-day moving average, which settled at $7.97. In addition, Enviri Corp saw -7.78% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NVRI starting from GRASBERGER F NICHOLAS III, who purchase 25,000 shares at the price of $7.59 back on May 06 ’24. After this action, GRASBERGER F NICHOLAS III now owns 837,901 shares of Enviri Corp, valued at $189,750 using the latest closing price.
Minan Peter Francis, the Interim SVP and CFO of Enviri Corp, purchase 3,667 shares at $7.02 during a trade that took place back on Aug 09 ’23, which means that Minan Peter Francis is holding 293,947 shares at $25,742 based on the most recent closing price.
Stock Fundamentals for NVRI
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.21 for the gross margin
The net margin for Enviri Corp stands at -0.04. The total capital return value is set at 0.06. Equity return is now at value -9.87, with -1.88 for asset returns.
Based on Enviri Corp (NVRI), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 2.98. The interest coverage ratio of the stock is 1.11.
Currently, EBITDA for the company is 289.78 million with net debt to EBITDA at 4.9. When we switch over and look at the enterprise to sales, we see a ratio of 0.98. The receivables turnover for the company is 5.29for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
To sum up, Enviri Corp (NVRI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
