Novo Integrated Sciences Inc (NVOS) Down -94.35% From Its 52-Week High, But Growth Potential Is Changing Over Time

Novo Integrated Sciences Inc (NASDAQ:NVOS) currently has a daily average trading volume of 1.11M but it saw 1515541 shares traded in last market. With a market cap of 5.11M USD, the company’s current market price of $0.30 came rising about 20.90 while comparing to the previous closing price of $0.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.38 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.2537 while lowest mark touched by it was $0.3486.

Taking a look at 20-day trading activity of Novo Integrated Sciences Inc (NVOS) gives us an average price of $0.3353, while its current price level is -94.35% below from 52-week high level whereas it is 52.00% 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 $0.4951 while that of 200 days or SMA-200 reads an average of $0.6787. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.55% during that period while stretching the period over a month that decreases to 14.55%. 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 36.64 which implies that the stock is in neutral territory.

Over the week, NVOS’s stock price is moving 4.76% up while it is -40.73% when we observe its performance for the past one month. Year-to-date it is -62.97% down and over the past year, the stock is showing a downside performance of -92.20%.

Currently, Novo Integrated Sciences Inc’s total number of outstanding shares is 15.76M. Company’s return on investment (ROI) stands at -210.57% and return on equity (ROE) at -133.23%. Stock’s beta reads -0.65. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 0.38. Its return on asset (ROA) is -68.46% on average.