Nvni Group Ltd (NASDAQ: NVNI) is -92.27% lower on its value in year-to-date trading and has touched a low of $0.16 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 $0.19 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.19, the stock is -13.43% and -88.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.54 million and changing -0.32% at the moment leaves the stock -87.13% off its SMA200. NVNI registered -90.69% loss for a year compared to 6-month loss of -76.32%. The firm has a 50-day simple moving average (SMA 50) of $1.68096 and a 200-day simple moving average (SMA200) of $1.468455.
The stock witnessed a -23.01% gain in the last 1 month and extending the period to 3 months gives it a -89.76%, and is -15.93% 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 13.98% over the week and 16.27% over the month.
Distance from 52-week low is 17.93% and -98.45% from its 52-week high.
The EPS is expected to grow by 65.82% this year, but quarterly earnings will post 10.70% year-over-year.
The shares outstanding are 33.39M, and float is at 12.64M with Short Float at 11.89%.
