Nvni Group Ltd (NASDAQ:NVNI) does about 8.84M shares in volume on a normal day but saw 9834106 shares change hands in the recent trading day. The company now has a market cap of 174.32M USD. Its current market price is $5.22, marking an increase of 20.55% compared to the previous close of $4.33. The 52 week high reached by this stock is $12.19 whilst the lowest price level in 52 weeks is $0.33.
Nvni Group Ltd (NVNI) has a 20-day trading average at $2.55 and the current price is -57.18% off the 52-week high compared with 1493.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.94 and its 200-day simple moving average is $1.40. If we look at the stock’s price movements over the week, volatility stands at 69.90%, which decreases to 35.61% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 68.46 to suggest the stock is neutral.
The consensus objective for the share price is $5.01, suggesting that the stock has a potential downside of -4.19% over the period.
The current price level is 105.01%, 169.50%, and 274.02% away from its SMA20, SMA50, and SMA200 respectively, with the NVNI price moving below the 50-day SMA on current market day. Nvni Group Ltd (NVNI) stock is up 260.00% over the week and -9.22% over the past month. Its price is 113.06% year-to-date and 118.41% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to shrink -4.19 percent from here.
The beta has a value of -1.05.
