The stock price of NiSun International Enterprise Development Group Co Ltd (NASDAQ: NISN) has dropped by -13.31 compared to previous close of 12.92. Despite this, the company has seen a fall of -19.25% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-15 that Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN ) Q2 2024 Results Conference Call October 15, 2024 12:00 PM ET Operator Good day, and welcome to the Nisun International Investor Call. Today’s conference is being recorded.
Is It Worth Investing in NiSun International Enterprise Development Group Co Ltd (NASDAQ: NISN) Right Now?
NiSun International Enterprise Development Group Co Ltd (NASDAQ: NISN) has a price-to-earnings ratio of 4.05x that is above its average ratio. Additionally, the 36-month beta value for NISN is 1.21. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for NISN is 2.94M and currently, short sellers hold a 1.72% ratio of that float. The average trading volume of NISN on October 22, 2024 was 125.98K shares.
NISN’s Market Performance
The stock of NiSun International Enterprise Development Group Co Ltd (NISN) has seen a -19.25% decrease in the past week, with a -18.55% drop in the past month, and a 43.41% gain in the past quarter. The volatility ratio for the week is 15.87%, and the volatility levels for the past 30 days are at 19.35% for NISN. The simple moving average for the past 20 days is -29.18% for NISN’s stock, with a 47.79% simple moving average for the past 200 days.
NISN Trading at -15.74% from the 50-Day Moving Average
After a stumble in the market that brought NISN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.33% of loss for the given period.
Volatility was left at 19.35%, however, over the last 30 days, the volatility rate increased by 15.87%, as shares sank -24.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.27% upper at present.
During the last 5 trading sessions, NISN fell by -19.25%, which changed the moving average for the period of 200-days by +184.26% in comparison to the 20-day moving average, which settled at $15.81. In addition, NiSun International Enterprise Development Group Co Ltd saw 180.00% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NISN
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.1 for the gross margin
The net margin for NiSun International Enterprise Development Group Co Ltd stands at 0.04. The total capital return value is set at 0.15. Equity return is now at value 8.42, with 5.63 for asset returns.
Based on NiSun International Enterprise Development Group Co Ltd (NISN), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 7.93.
Currently, EBITDA for the company is 25.55 million with net debt to EBITDA at -3.3. When we switch over and look at the enterprise to sales, we see a ratio of -0.13. The receivables turnover for the company is 6.43for trailing twelve months and the total asset turnover is 1.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.22.
Conclusion
In conclusion, NiSun International Enterprise Development Group Co Ltd (NISN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
