Should You Invest in Enviri Corp (NVRI) Now?

The 36-month beta value for NVRI is at 2.19. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for NVRI is 78.40M, and currently, shorts hold a 2.00% of that float. The average trading volume for NVRI on October 31, 2024 was 396.99K shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

NVRI) stock’s latest price update

Enviri Corp (NYSE: NVRI)’s stock price has plunge by -19.72relation to previous closing price of 10.04. Nevertheless, the company has seen a -18.99% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-31 that PHILADELPHIA, Oct. 31, 2024 (GLOBE NEWSWIRE) — Enviri Corporation (NYSE: NVRI) today reported third quarter 2024 results. Revenues in the third quarter of 2024 totaled $574 million. GAAP operating income from continuing operations for the third quarter of 2024 was $37 million and Adjusted EBITDA was $85 million, an increase of 3% over the prior-year quarter.

NVRI’s Market Performance

Enviri Corp (NVRI) has seen a -18.99% fall in stock performance for the week, with a -20.83% decline in the past month and a -30.16% plunge in the past quarter. The volatility ratio for the week is 2.08%, and the volatility levels for the past 30 days are at 2.77% for NVRI. The simple moving average for the past 20 days is -20.27% for NVRI’s stock, with a -12.75% simple moving average for the past 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 -22.59% 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 -36.98% of loss for the given period.

Volatility was left at 2.77%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares sank -16.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.53% lower at present.

During the last 5 trading sessions, NVRI fell by -17.19%, which changed the moving average for the period of 200-days by +0.37% in comparison to the 20-day moving average, which settled at $10.12. In addition, Enviri Corp saw -10.44% 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.

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 -9.65, with -1.83 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 0.09. The debt to equity ratio resting at 3.03. The interest coverage ratio of the stock is 1.19.

Currently, EBITDA for the company is 289.78 million with net debt to EBITDA at 4.73. When we switch over and look at the enterprise to sales, we see a ratio of 0.92. The receivables turnover for the company is 5.38for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.

Conclusion

In conclusion, Enviri Corp (NVRI) 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.

Most Popular

Related Posts