Cineverse Corp (NASDAQ:CNVS) currently has a daily average trading volume of 357.58K but it saw 144427 shares traded in last market. With a market cap of 56.67M USD, the company’s current market price of $3.57 came falling about -3.77 while comparing to the previous closing price of $3.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.19 and as low as $0.71. In the recent trading on the day, stock has struck highest price mark of $3.43 while lowest mark touched by it was $3.775.
Taking a look at 20-day trading activity of Cineverse Corp (CNVS) gives us an average price of $3.68, while its current price level is -14.74% below from 52-week high level whereas it is 399.30% 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 $3.41 while that of 200 days or SMA-200 reads an average of $1.62. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.59% during that period while stretching the period over a month that increases to 8.17%. 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 48.71 which implies that the stock is in neutral territory.
Over the week, CNVS’s stock price is moving -2.19% down while it is -6.54% when we observe its performance for the past one month. Year-to-date it is -2.19% down and over the past year, the stock is showing an upside performance of 176.74%.
Currently, Cineverse Corp’s total number of outstanding shares is 15.79M. Company’s return on investment (ROI) stands at -73.61% and return on equity (ROE) at -56.86%. Stock’s beta reads 1.64. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 1.26. Its return on asset (ROA) is -30.09% on average.
