Examining the Volatility of Novo Integrated Sciences Inc’s (NVOS) Stock

In the past week, NVOS stock has gone down by -18.68%, with a monthly decline of -21.29% and a quarterly plunge of -67.45%. The volatility ratio for the week is 8.69%, and the volatility levels for the last 30 days are 13.12% for Novo Integrated Sciences Inc The simple moving average for the past 20 days is -15.28% for NVOS’s stock, with a -60.10% simple moving average for the past 200 days.

Is It Worth Investing in Novo Integrated Sciences Inc (NASDAQ: NVOS) Right Now?

Company’s 36-month beta value is -0.69.

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The public float for NVOS is 15.67M, and currently, short sellers hold a 4.54% ratio of that floaft. The average trading volume of NVOS on October 02, 2024 was 884.18K shares.

NVOS) stock’s latest price update

Novo Integrated Sciences Inc (NASDAQ: NVOS)’s stock price has gone decline by -11.85 in comparison to its previous close of 0.28, however, the company has experienced a -18.68% decrease 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 Trading at -41.04% 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 -95.32% of loss for the given period.

Volatility was left at 13.12%, however, over the last 30 days, the volatility rate increased by 8.69%, as shares sank -15.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -61.77% lower at present.

During the last 5 trading sessions, NVOS fell by -18.68%, which changed the moving average for the period of 200-days by -79.01% in comparison to the 20-day moving average, which settled at $0.2901. In addition, Novo Integrated Sciences Inc saw -69.83% 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 0.57. 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 a nutshell, Novo Integrated Sciences Inc (NVOS) has experienced a bad 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.

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