Nvni Group Ltd (NASDAQ: NVNI) Emerges As Guiding Light For Investors

Nvni Group Ltd (NASDAQ:NVNI) currently has a daily average trading volume of 4.62K but it saw 4074948 shares traded in last market. With a market cap of 53.68M USD, the company’s current market price of $1.89 came rising about 56.20 while comparing to the previous closing price of $1.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.12 and as low as $0.93.

Taking a look at 20-day trading activity of Nvni Group Ltd (NVNI) gives us an average price of $1.2016, while its current price level is -84.41% below from 52-week high level whereas it is 104.19% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.2703. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.94% during that period while stretching the period over a month that decreases to 14.27%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.28 which implies that the stock is in overbought territory.

Over the week, NVNI’s stock price is moving 47.66% up while it is 56.20% when we observe its performance for the past one month. Year-to-date it is 26.85% up and over the past year, the stock is showing a downside performance of -81.93%.

Currently, Nvni Group Ltd’s total number of outstanding shares is 28.40M. Company’s return on investment (ROI) stands at 2.66% and return on equity (ROE) at 0.74%. Stock’s beta reads -0.21. Stock has a price to book (P/B) ratio of 0.53. Its return on asset (ROA) is 0.69% on average.