Nevro Corp (NYSE: NVRO) is -51.63% lower on its value in year-to-date trading and has touched a low of $10.54 and a high of $29.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NVRO stock was last observed hovering at around $10.58 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $10.41, the stock is -16.80% and -24.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.71 million and changing -1.61% at the moment leaves the stock -41.01% off its SMA200. NVRO registered -63.23% loss for a year compared to 6-month loss of -26.59%.
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The stock witnessed a -18.22% gain in the last 1 month and extending the period to 3 months gives it a -37.14%, and is -16.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.17% over the week and 4.91% over the month.
Nevro Corp (NVRO) has around 1215 employees, a market worth around $378.92M and $425.17M in sales. Profit margin for the company is -21.69%. Distance from 52-week low is -1.23% and -65.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.11%).
The EPS is expected to shrink by -3.95% this year
The shares outstanding are 36.36M, and float is at 34.60M with Short Float at 12.05%.
Nevro Corp (NVRO) Insider Activity
The most recent transaction is an insider purchase by McCormick Shawn, the company’s Director. SEC filings show that McCormick Shawn bought 7,500 shares of the company’s common stock on Jun 07 ’23 at a price of $22.88 per share for a total of $0.17 million. Following the purchase, the insider now owns 26866.0 shares.
