The stock price of NanoVibronix Inc (NASDAQ: NAOV) has surged by 10.46 when compared to previous closing price of 0.52, but the company has seen a 6.95% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-09 that ELMSFORD, N.Y.–(BUSINESS WIRE)–NanoVibronix, Inc., (NASDAQ: NAOV) (the “Company”), a medical device company that produces the UroShield®, PainShield® and WoundShield® Surface Acoustic Wave (“SAW”) Portable Ultrasonic Therapeutic Devices, today announced it has signed a non-binding term sheet for a license and supply agreement with APOGEPHA Arzneimittel GmbH (“APOGEPHA”), a German pharmaceutical company, which specializes in the development, marketing, sales and distribution of urology product.
Is It Worth Investing in NanoVibronix Inc (NASDAQ: NAOV) Right Now?
Company’s 36-month beta value is 1.51.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for NAOV is 2.76M, and currently, short sellers hold a 18.67% ratio of that floaft. The average trading volume of NAOV on November 05, 2024 was 167.71K shares.
NAOV’s Market Performance
NAOV’s stock has seen a 6.95% increase for the week, with a 13.78% rise in the past month and a -3.07% fall in the past quarter. The volatility ratio for the week is 8.63%, and the volatility levels for the past 30 days are at 11.96% for NanoVibronix Inc The simple moving average for the last 20 days is 4.44% for NAOV stock, with a simple moving average of -25.25% for the last 200 days.
NAOV Trading at -2.92% from the 50-Day Moving Average
After a stumble in the market that brought NAOV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.29% of loss for the given period.
Volatility was left at 11.96%, however, over the last 30 days, the volatility rate increased by 8.63%, as shares surge +2.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.49% lower at present.
During the last 5 trading sessions, NAOV rose by +6.95%, which changed the moving average for the period of 200-days by -36.69% in comparison to the 20-day moving average, which settled at $0.5448. In addition, NanoVibronix Inc saw -50.52% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NAOV
Current profitability levels for the company are sitting at:
- -0.77 for the present operating margin
- 0.65 for the gross margin
The net margin for NanoVibronix Inc stands at -0.83. The total capital return value is set at -0.83. Equity return is now at value -140.59, with -59.12 for asset returns.
Based on NanoVibronix Inc (NAOV), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -17.33. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 1307.0.
Currently, EBITDA for the company is -3.44 million with net debt to EBITDA at 0.78. 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 6.9for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.11.
Conclusion
In a nutshell, NanoVibronix Inc (NAOV) has experienced a mixed 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.
