In the past week, NEOV stock has gone down by -14.37%, with a monthly decline of -6.75% and a quarterly plunge of -44.63%. The volatility ratio for the week is 12.07%, and the volatility levels for the last 30 days are 9.58% for NeoVolta Inc The simple moving average for the past 20 days is -7.27% for NEOV’s stock, with a -11.04% simple moving average for the past 200 days.
Is It Worth Investing in NeoVolta Inc (NASDAQ: NEOV) Right Now?
The 36-month beta value for NEOV is also noteworthy at -0.40. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for NEOV is 28.36M, and at present, short sellers hold a 3.45% of that float. The average trading volume of NEOV on February 27, 2025 was 269.47K shares.
NEOV) stock’s latest price update
NeoVolta Inc (NASDAQ: NEOV) has experienced a decline in its stock price by -9.25 compared to its previous closing price of 3.35. However, the company has seen a fall of -14.37% in its stock price over the last five trading days. prnewswire.com reported 2025-02-25 that Technical Due Diligence Approved for $300M to Expand U.S. Manufacturing SAN DIEGO, Feb. 25, 2025 /PRNewswire/ — NeoVolta Inc. (NASDAQ: NEOV) (“NeoVolta”), a leading innovator in energy storage solutions, announced today that it has completed phase two of its loan application for $300M from the U.S. Department of Energy (DOE) Title 17 Loan Program (LPO) and has been approved to proceed the conditional commitment phase, which will include negotiating a term sheet and a site visit with the U.S. Department of Energy. NeoVolta will produce residential and commercial BESS products across the country, creating over 200 jobs and securing the American supply chain by onshoring battery cells and inverters.
NEOV Trading at -25.05% from the 50-Day Moving Average
After a stumble in the market that brought NEOV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.24% of loss for the given period.
Volatility was left at 9.58%, however, over the last 30 days, the volatility rate increased by 12.07%, as shares sank -11.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.20% lower at present.
During the last 5 trading sessions, NEOV fell by -14.37%, which changed the moving average for the period of 200-days by +12.18% in comparison to the 20-day moving average, which settled at $3.28. In addition, NeoVolta Inc saw -41.65% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NEOV
Current profitability levels for the company are sitting at:
- -1.83 for the present operating margin
- 0.34 for the gross margin
The net margin for NeoVolta Inc stands at -1.83. The total capital return value is set at -0.88. Equity return is now at value -72.61, with -67.14 for asset returns.
Based on NeoVolta Inc (NEOV), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -3.1. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is -132.28.
Currently, EBITDA for the company is -2.3 million with net debt to EBITDA at -0.09. When we switch over and look at the enterprise to sales, we see a ratio of 57.33. The receivables turnover for the company is 1.07for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.02.
Conclusion
In summary, NeoVolta Inc (NEOV) has had a bad 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.
