The stock of NeoVolta Inc (NASDAQ: NEOV) has decreased by -9.16 when compared to last closing price of 2.62.Despite this, the company has seen a loss of -23.96% 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.
Is It Worth Investing in NeoVolta Inc (NASDAQ: NEOV) Right Now?
NEOV has 36-month beta value of -0.22. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NEOV is 28.36M, and currently, short sellers hold a 4.99% ratio of that float. The average trading volume of NEOV on March 14, 2025 was 295.99K shares.
NEOV’s Market Performance
NEOV’s stock has seen a -23.96% decrease for the week, with a -23.23% drop in the past month and a -50.10% fall in the past quarter. The volatility ratio for the week is 14.20%, and the volatility levels for the past 30 days are at 13.40% for NeoVolta Inc The simple moving average for the past 20 days is -22.76% for NEOV’s stock, with a -30.57% simple moving average for the past 200 days.
NEOV Trading at -34.53% 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 -61.04% of loss for the given period.
Volatility was left at 13.40%, however, over the last 30 days, the volatility rate increased by 14.20%, as shares sank -20.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.33% lower at present.
During the last 5 trading sessions, NEOV fell by -23.96%, which changed the moving average for the period of 200-days by -21.19% in comparison to the 20-day moving average, which settled at $3.08. In addition, NeoVolta Inc saw -54.32% 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 44.92. 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
To put it simply, NeoVolta Inc (NEOV) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
