The stock of Cineverse Corp (CNVS) has gone up by 5.10% for the week, with a 81.69% rise in the past month and a 231.68% rise in the past quarter. The volatility ratio for the week is 13.13%, and the volatility levels for the past 30 days are 13.10% for CNVS. The simple moving average for the past 20 days is 7.73% for CNVS’s stock, with a 123.34% simple moving average for the past 200 days.
Is It Worth Investing in Cineverse Corp (NASDAQ: CNVS) Right Now?
Moreover, the 36-month beta value for CNVS is 1.57. Analysts have varying 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 CNVS is 12.78M and currently, short sellers hold a 2.68% of that float. On November 14, 2024, CNVS’s average trading volume was 215.37K shares.
CNVS) stock’s latest price update
Cineverse Corp (NASDAQ: CNVS) has experienced a decline in its stock price by -15.72 compared to its previous closing price of 3.18. However, the company has seen a gain of 5.10% in its stock price over the last five trading days. prnewswire.com reported 2024-11-12 that Box Office Success of Cineverse’s No. 1 Horror Film, Terrifier 3, Driven in Part by C360 – with Other Studios Tapping Audience Network to Promote Their Film and TV Properties LOS ANGELES , Nov. 12, 2024 /PRNewswire/ — Cineverse (NASDAQ: CNVS), a next-gen entertainment studio, today announced that its Cineverse 360 ad platform has quickly established itself as a revenue driver for the company and a go-to offering for top brands, including other entertainment studios.
CNVS Trading at 67.05% from the 50-Day Moving Average
After a stumble in the market that brought CNVS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.81% of loss for the given period.
Volatility was left at 13.10%, however, over the last 30 days, the volatility rate increased by 13.13%, as shares surge +50.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +246.25% upper at present.
During the last 5 trading sessions, CNVS rose by +5.10%, which changed the moving average for the period of 200-days by +51.41% in comparison to the 20-day moving average, which settled at $2.49. In addition, Cineverse Corp saw 98.52% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CNVS
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.55 for the gross margin
The net margin for Cineverse Corp stands at -0.46. The total capital return value is set at -0.01. Equity return is now at value -54.96, with -27.73 for asset returns.
Based on Cineverse Corp (CNVS), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at -1.19. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is -0.31.
Currently, EBITDA for the company is -16.42 million with net debt to EBITDA at 1.28. When we switch over and look at the enterprise to sales, we see a ratio of 1.03. The receivables turnover for the company is 3.25for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
To wrap up, the performance of Cineverse Corp (CNVS) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
