Nvni Group Ltd (NASDAQ: NVNI) is -85.98% lower on its value in year-to-date trading and has touched a low of $0.14 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 $0.33 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.34, the stock is -16.63% and 14.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.23 million and changing 3.68% at the moment leaves the stock -73.49% off its SMA200. NVNI registered -73.98% loss for a year compared to 6-month loss of -52.29%. The firm has a 50-day simple moving average (SMA 50) of $0.30086 and a 200-day simple moving average (SMA200) of $1.29187.
The stock witnessed a -33.24% gain in the last 1 month and extending the period to 3 months gives it a 26.85%, and is -16.01% 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 5.20% over the week and 7.79% over the month.
Nvni Group Ltd (NVNI) has around 618 employees, a market worth around $11.87M and $35.90M in sales. Profit margin for the company is -44.37%. Distance from 52-week low is 138.05% and -97.18% from its 52-week high.
The EPS is expected to grow by 66.92% this year
The shares outstanding are 34.55M, and float is at 15.04M with Short Float at 39.73%.
The top institutional shareholder in the company is HRT FINANCIAL LP with over 34786.0 shares valued at $$36000.0. The investor’s holdings represent 0.1507 of the NVNI Shares outstanding. As of 2024-06-30, the second largest holder is SOLTIS INVESTMENT ADVISORS LLC with 30000.0 shares valued at $$31200.0 to account for 0.1299 of the shares outstanding. The other top investors are POLAR ASSET MANAGEMENT PARTNERS INC. which holds 17780.0 shares representing 0.077 and valued at over $$18491.0, while MORGAN STANLEY holds 0.0043 of the shares totaling 1000.0 with a market value of $$1040.0.
