The 36-month beta value for NVOS is also noteworthy at -0.68.
The public float for NVOS is 15.67M, and at present, short sellers hold a 3.90% of that float. The average trading volume of NVOS on September 19, 2024 was 989.87K shares.
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NVOS) stock’s latest price update
The stock of Novo Integrated Sciences Inc (NASDAQ: NVOS) has increased by 12.54 when compared to last closing price of 0.28.Despite this, the company has seen a gain of 26.74% in its stock price over the last five trading days. businesswire.com reported 2024-07-19 that BELLEVUE, Wash.–(BUSINESS WIRE)—- $NVOS #AAPI–Novo Integrated Sciences Reports Fiscal Year 2024 Third Quarter Financial Results.
NVOS’s Market Performance
Novo Integrated Sciences Inc (NVOS) has experienced a 26.74% rise in stock performance for the past week, with a -22.76% drop in the past month, and a -61.08% drop in the past quarter. The volatility ratio for the week is 19.18%, and the volatility levels for the past 30 days are at 13.92% for NVOS. The simple moving average for the past 20 days is 1.24% for NVOS’s stock, with a -51.90% simple moving average for the past 200 days.
NVOS Trading at -31.83% 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 -93.98% of loss for the given period.
Volatility was left at 13.92%, however, over the last 30 days, the volatility rate increased by 19.18%, as shares sank -18.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.36% lower at present.
During the last 5 trading sessions, NVOS rose by +26.72%, which changed the moving average for the period of 200-days by -73.44% in comparison to the 20-day moving average, which settled at $0.3113. In addition, Novo Integrated Sciences Inc saw -61.18% 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:
- -0.77 for the present operating margin
- 0.38 for the gross margin
The net margin for Novo Integrated Sciences Inc stands at -1.8. The total capital return value is set at -0.83. Equity return is now at value -133.23, with -68.46 for asset returns.
Based on Novo Integrated Sciences Inc (NVOS), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -1.6. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is -1.73.
Currently, EBITDA for the company is -5.63 million with net debt to EBITDA at -0.35. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 4.1for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.27.
Conclusion
In summary, Novo Integrated Sciences Inc (NVOS) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
