With 1.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on NUVL shows that it touched its highest point at $113.51 and its lowest point at $55.53 during that stretch. It currently has a 1-year price target of $111.70. Beta for the stock currently stands at 1.42.
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 NUVL was down-trending over the past week, with a drop of -6.07%, but this was up by 20.70% over a month. Three-month performance dropped to -17.42% while six-month performance fell -20.03%. The stock gained 3.39% in the past year, while it has lost -8.53% so far this year. A look at the trailing 12-month EPS for NUVL yields -3.91 with Next year EPS estimates of -4.78. For the next quarter, that number is -1.15. This implies an EPS growth rate of -20.12% for this year and -1.25% for next year. EPS is expected to grow by 5.17% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -74.22%.
Float and Shares Shorts:
At present, 66.33 million NUVL shares are outstanding with a float of 44.48 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 NUVL 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 -$3.52565 being high and -$4.21456 being low. For NUVL, this leads to a yearly average estimate of -$3.91063. Based on analyst estimates, the high estimate for the next quarter is -$1.23 and the low estimate is -$1.31. The average estimate for the next quarter is thus -$1.27.
