With 2.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.02 million shares. The 52-week range on NVTS shows that it touched its highest point at $5.14 and its lowest point at $1.52 during that stretch. It currently has a 1-year price target of $3.12. Beta for the stock currently stands at 2.23.
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 NVTS was down-trending over the past week, with a drop of -2.81%, but this was up by 5.25% over a month. Three-month performance dropped to -36.71% while six-month performance fell -22.87%. The stock lost -56.11% in the past year, while it has lost -46.64% so far this year. A look at the trailing 12-month EPS for NVTS yields -0.53 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.05. This implies an EPS growth rate of 23.61% for this year and 47.50% for next year. EPS is expected to grow by 50.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.32%.
Float and Shares Shorts:
At present, 190.53 million NVTS shares are outstanding with a float of 116.46 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NVTS since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
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 -$0.25946 being high and -$0.30495 being low. For NVTS, this leads to a yearly average estimate of -$0.28220500000000004.
