With 144.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 21.99 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $0.5499 whereas the lowest price it dropped to was $0.3675. The 52-week range on NVNI shows that it touched its highest point at $12.19 and its lowest point at $0.14 during that stretch. It currently has a 1-year price target of $7.05. Beta for the stock currently stands at -0.28.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NVNI was up-trending over the past week, with a rise of 232.15%, but this was up by 128.36% over a month. Three-month performance dropped to -92.36% while six-month performance fell -39.46%. The stock lost -63.25% in the past year, while it has lost -79.00% so far this year. A look at the trailing 12-month EPS for NVNI yields -0.47 with Next year EPS estimates of -0.08.
Float and Shares Shorts:
At present, 33.39 million NVNI shares are outstanding with a float of 12.64 million shares on hand for trading. In addition to Mr. Pierre Schurmann as the firm’s Chairman & CEO, Mr. Scott Edward Klossner serves as its CFO, Sec. & Director.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With NVNI analysts setting a high price target of 7.0 and a low target of 7.0, the average target price over the next 12 months is 7.0. Based on these targets, NVNI could surge 1272.55% to reach the target high and rise by 1272.55% to reach the target low. Reaching the average price target will result in a growth of 1272.55% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.051616 being high and -$0.051616 being low. For NVNI, this leads to a yearly average estimate of -$0.051616. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
