rts logo

Things appear to be looking up for Nvni Group Ltd (NVNI)

Nvni Group Ltd (NASDAQ: NVNI) is -91.26% lower on its value in year-to-date trading and has touched a low of $0.17 and a high of $12.19 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 NVNI stock was last observed hovering at around $0.21 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.21, the stock is -11.56% and -90.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.51 million and changing 1.04% at the moment leaves the stock -85.87% off its SMA200. NVNI registered -89.55% loss for a year compared to 6-month gain of -76.59%. The firm has a 50-day simple moving average (SMA 50) of $2.16218 and a 200-day simple moving average (SMA200) of $1.51236.

The stock witnessed a -78.79% loss in the last 1 month and extending the period to 3 months gives it a -95.67%, and is 9.51% up 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 24.81% over the week and 21.37% over the month.

Distance from 52-week low is 26.90% and -98.24% from its 52-week high.

The EPS is expected to grow by 66.90% this year, but quarterly earnings will post 10.70% year-over-year.

Nvni Group Ltd (NVNI) Top Institutional Holders

The shares outstanding are 33.39M, and float is at 13.20M with Short Float at 6.38%.

Nvni Group Ltd (NVNI) Insider Activity

#####

Related Posts