The stock of Enveric Biosciences Inc (ENVB) has seen a -15.14% decrease in the past week, with a -38.76% drop in the past month, and a -37.03% decrease in the past quarter. The volatility ratio for the week is 10.52%, and the volatility levels for the past 30 days are at 10.54% for ENVB. The simple moving average for the last 20 days is -24.07% for ENVB stock, with a simple moving average of -52.02% for the last 200 days.
Is It Worth Investing in Enveric Biosciences Inc (NASDAQ: ENVB) Right Now?
Company’s 36-month beta value is 0.71.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 ENVB is 8.97M, and currently, short sellers hold a 3.68% ratio of that floaft. The average trading volume of ENVB on November 22, 2024 was 506.76K shares.
ENVB) stock’s latest price update
Enveric Biosciences Inc (NASDAQ: ENVB) has seen a decline in its stock price by -3.72 in relation to its previous close of 0.35. However, the company has experienced a -15.14% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-11-04 that CAMBRIDGE, Mass.–(BUSINESS WIRE)–Enveric Biosciences (NASDAQ: ENVB) (“Enveric” or the “Company”), a biotechnology company dedicated to the development of novel neuroplastogens for the treatment of neuropsychiatric disorders, today announces the expansion of patent protection for a broad range of molecules in its EVM301 portfolio through the issuance of five additional US patents and the recent allowance of three more patent applications by the United States Patent and Trademark Office. The U.
ENVB Trading at -26.45% from the 50-Day Moving Average
After a stumble in the market that brought ENVB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.46% of loss for the given period.
Volatility was left at 10.54%, however, over the last 30 days, the volatility rate increased by 10.52%, as shares sank -36.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.63% lower at present.
During the last 5 trading sessions, ENVB fell by -15.14%, which changed the moving average for the period of 200-days by -58.78% in comparison to the 20-day moving average, which settled at $0.4437. In addition, Enveric Biosciences Inc saw -74.08% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ENVB
Current profitability levels for the company are sitting at:
- -13.67 for the present operating margin
- 0.61 for the gross margin
The net margin for Enveric Biosciences Inc stands at -15.23. The total capital return value is set at -2.24. Equity return is now at value -308.65, with -172.77 for asset returns.
Currently, EBITDA for the company is -17.14 million with net debt to EBITDA at 0.3. When we switch over and look at the enterprise to sales, we see a ratio of 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.56.
Conclusion
In a nutshell, Enveric Biosciences Inc (ENVB) 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.
