Nevro Corp (NYSE: NVRO) is 54.03% higher on its value in year-to-date trading and has touched a low of $3.16 and a high of $15.98 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NVRO stock was last observed hovering at around $5.73 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $5.73, the stock is 3.02% and 21.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 0.00% at the moment leaves the stock -8.41% off its SMA200. NVRO registered -63.36% loss for a year compared to 6-month loss of -3.05%.
The stock witnessed a 14.83% gain in the last 1 month and extending the period to 3 months gives it a 26.77%, and is 0.00% 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 0.44% over the week and 2.47% over the month.
Nevro Corp (NVRO) has around 1215 employees, a market worth around $216.91M and $419.15M in sales. Profit margin for the company is -16.54%. Distance from 52-week low is 81.04% and -64.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.37%).
with sales reaching $102.61M over the same period.The EPS is expected to grow by 4.83% this year, but quarterly earnings will post -4.64% year-over-year. Quarterly sales are estimated to shrink -11.68% in year-over-year returns.
The shares outstanding are 37.44M, and float is at 35.72M with Short Float at 5.57%.
The top institutional shareholder in the company is ARROWMARK COLORADO HOLDINGS LLC with over 4.29 million shares valued at $36.11 million. The investor’s holdings represent 11.7615 of the NVRO Shares outstanding. As of 2024-06-30, the second largest holder is ARMISTICE CAPITAL, LLC with 3.67 million shares valued at $30.92 million to account for 10.0693 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.6 million shares representing 9.8728 and valued at over $30.32 million, while VANGUARD GROUP INC holds 6.4721 of the shares totaling 2.36 million with a market value of $19.87 million.
