NanoViricides Inc (NNVC) Beta Value: Understanding the Market Risk

The 36-month beta value for NNVC is also noteworthy at 0.91. 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.”

The public float for NNVC is 13.78M, and at present, short sellers hold a 1.92% of that float. The average trading volume of NNVC on December 27, 2024 was 200.75K shares.

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NNVC) stock’s latest price update

The stock of NanoViricides Inc (AMEX: NNVC) has decreased by 0.00 when compared to last closing price of 1.51. Despite this, the company has experienced a 0.67% gain in its stock price over the last five trading sessions. proactiveinvestors.com reported 2024-12-23 that NanoViricides (NYSE-A:NNVC) said it believes that its broad-spectrum antiviral candidate, NV-387, could be a critical tool in combating a potential bird flu pandemic caused by the H5N1 Influenza A virus. In a statement, the company claims the virus would be unable to evade NV-387, even as it mutates.

NNVC’s Market Performance

NanoViricides Inc (NNVC) has experienced a 0.67% rise in stock performance for the past week, with a 11.03% rise in the past month, and a 6.34% rise in the past quarter. The volatility ratio for the week is 6.03%, and the volatility levels for the past 30 days are at 5.24% for NNVC. The simple moving average for the last 20 days is 3.32% for NNVC stock, with a simple moving average of -9.11% for the last 200 days.

Analysts’ Opinion of NNVC

Many brokerage firms have already submitted their reports for NNVC stocks, with Midtown Partners repeating the rating for NNVC by listing it as a “Strong Buy.” The predicted price for NNVC in the upcoming period, according to Midtown Partners is $5.30 based on the research report published on February 11, 2015 of the previous year 2015.

NNVC Trading at 5.28% from the 50-Day Moving Average

After a stumble in the market that brought NNVC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.94% of loss for the given period.

Volatility was left at 5.24%, however, over the last 30 days, the volatility rate increased by 6.03%, as shares surge +7.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.67% upper at present.

During the last 5 trading sessions, NNVC rose by +0.67%, which changed the moving average for the period of 200-days by +33.63% in comparison to the 20-day moving average, which settled at $1.4615. In addition, NanoViricides Inc saw 48.04% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for NNVC

The total capital return value is set at -0.95. Equity return is now at value -81.92, with -69.61 for asset returns.

Currently, EBITDA for the company is -7.76 million with net debt to EBITDA at 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.48.

Conclusion

In summary, NanoViricides Inc (NNVC) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.

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