In the past week, NUVO stock has gone down by -57.39%, with a monthly decline of -67.85% and a quarterly plunge of -86.13%. The volatility ratio for the week is 56.51%, and the volatility levels for the last 30 days are 28.87% for Holdco Nuvo Group D.G Ltd. The simple moving average for the past 20 days is -58.79% for NUVO’s stock, with a -96.67% simple moving average for the past 200 days.
Is It Worth Investing in Holdco Nuvo Group D.G Ltd. (NASDAQ: NUVO) Right Now?
The 36-month beta value for NUVO is at -0.28.
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The public float for NUVO is 7.50M, and currently, shorts hold a 1.16% of that float. The average trading volume for NUVO on August 26, 2024 was 146.51K shares.
NUVO) stock’s latest price update
Holdco Nuvo Group D.G Ltd. (NASDAQ: NUVO)’s stock price has dropped by -16.30 in relation to previous closing price of 0.27. Nevertheless, the company has seen a loss of -57.39% in its stock price over the last five trading days.
NUVO Trading at -75.90% 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 -98.95% of loss for the given period.
Volatility was left at 28.87%, however, over the last 30 days, the volatility rate increased by 56.51%, as shares sank -73.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -85.23% lower at present.
During the last 5 trading sessions, NUVO fell by -57.39%, in comparison to the 20-day moving average, which settled at $0.5174. In addition, Holdco Nuvo Group D.G Ltd. saw -97.90% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NUVO
Current profitability levels for the company are sitting at:
- -176510.61 for the present operating margin
- -1.04 for the gross margin
The net margin for Holdco Nuvo Group D.G Ltd. stands at -71196.18. The total capital return value is set at -0.33. Equity return is now at value -2.63, with -2.34 for asset returns.
Based on Holdco Nuvo Group D.G Ltd. (NUVO), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07.
Currently, EBITDA for the company is -8.65 million with net debt to EBITDA at -1.32. When we switch over and look at the enterprise to sales, we see a ratio of 387035.47. The receivables turnover for the company is 0.0for trailing twelve months and the total asset turnover is 0.0. 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 had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
