Enveric Biosciences Inc (NASDAQ: ENVB) is -61.12% lower on its value in year-to-date trading and has touched a low of $3.88 and a high of $43.80 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 ENVB stock was last observed hovering at around $3.90 in the last trading session, with the day’s loss setting it -1.81%.
Currently trading at $2.09, the stock is -59.76% and -59.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing -46.41% at the moment leaves the stock -74.11% off its SMA200. ENVB registered -82.58% loss for a year compared to 6-month loss of -70.35%. The firm has a 50-day simple moving average (SMA 50) of $71.4714 and a 200-day simple moving average (SMA200) of $119.75685.
The stock witnessed a -57.31% gain in the last 1 month and extending the period to 3 months gives it a -72.94%, and is -55.56% 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 16.74% over the week and 13.85% over the month.
Enveric Biosciences Inc (ENVB) has around 7 employees, a market worth around $0.10M and $0.00M in sales. Distance from 52-week low is -46.14% and -95.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-249.45%).
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Enveric Biosciences Inc (ENVB) Top Institutional Holders
16.0 institutions hold shares in Enveric Biosciences Inc (ENVB), with institutional investors hold 7.58% of the company’s shares. The shares outstanding are 0.69M, and float is at 0.63M with Short Float at 4.31%. Institutions hold 7.06% of the Float.
The top institutional shareholder in the company is ADVISORSHARES INVESTMENTS LLC with over 0.32 million shares valued at $0.19 million. The investor’s holdings represent 7.9233% of the ENVB Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 44659.0 shares valued at $27688.0 to account for 1.1161 of the shares outstanding. The other top investors are UBS GROUP AG which holds 43560.0 shares representing 1.0886% and valued at over $27268.0, while BLACKROCK INC. holds 0.7392 of the shares totaling 29578.0 with a market value of $18522.0.
Enveric Biosciences Inc (ENVB) Insider Activity
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