Nvni Group Ltd (NASDAQ:NVNI) currently has a daily average trading volume of 17.76M but it saw 2102601 shares traded in last market. With a market cap of 5.62M USD, the company’s current market price of $0.17 came falling about -7.63 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.19 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.1652 while lowest mark touched by it was $0.1821.
Taking a look at 20-day trading activity of Nvni Group Ltd (NVNI) gives us an average price of $0.2007, while its current price level is -98.62% below from 52-week high level whereas it is 4.73% 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 $1.2198 while that of 200 days or SMA-200 reads an average of $1.4506. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.34% during that period while stretching the period over a month that increases to 14.82%. 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 29.05 which implies that the stock is in oversold territory.
Over the week, NVNI’s stock price is moving -11.47% down while it is -39.30% when we observe its performance for the past one month. Year-to-date it is -93.13% down and over the past year, the stock is showing a downside performance of -91.15%.
The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.3.
Stock’s beta reads -0.01.
