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

Nvni Group Ltd (NASDAQ:NVNI) currently has a daily average trading volume of 12.64M but it saw 82588572 shares traded in last market. With a market cap of 9.05M USD, the company’s current market price of $0.27 came rising about 3.16 while comparing to the previous closing price of $0.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.19 and as low as $0.23.

Taking a look at 20-day trading activity of Nvni Group Ltd (NVNI) gives us an average price of $2.7188, while its current price level is -97.78% below from 52-week high level whereas it is 16.72% 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 $3.2488 while that of 200 days or SMA-200 reads an average of $1.6149. A closer look into the stock’s movement over the week reveals that its volatility is standing at 52.85% during that period while stretching the period over a month that decreases to 32.96%. 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 27.70 which implies that the stock is in oversold territory.

Over the week, NVNI’s stock price is moving -85.97% down while it is -95.98% when we observe its performance for the past one month. Year-to-date it is -88.95% down and over the past year, the stock is showing a downside performance of -86.18%.

Currently, Nvni Group Ltd’s total number of outstanding shares is 33.39M. Stock’s beta reads -0.36.