Nvni Group Ltd (NVNI): Investing In A Time Of Crisis

Nvni Group Ltd (NASDAQ:NVNI) currently has a daily average trading volume of 17.53M but it saw 2580758 shares traded in last market. With a market cap of 6.88M USD, the company’s current market price of $0.21 came falling about -0.19 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.19 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.2003 while lowest mark touched by it was $0.222.

Taking a look at 20-day trading activity of Nvni Group Ltd (NVNI) gives us an average price of $0.2361, while its current price level is -98.31% below from 52-week high level whereas it is 21.92% 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 $2.1100 while that of 200 days or SMA-200 reads an average of $1.5064. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.56% during that period while stretching the period over a month that increases to 17.37%. 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 28.83 which implies that the stock is in oversold territory.

Over the week, NVNI’s stock price is moving 0.39% up while it is -21.60% when we observe its performance for the past one month. Year-to-date it is -91.60% down and over the past year, the stock is showing a downside performance of -88.88%.

Stock’s beta reads -0.08.