Novanta Inc (NASDAQ:NOVT) currently has a daily average trading volume of 342.84K but it saw 648277 shares traded in last market. With a market cap of 4.73B USD, the company’s current market price of $131.41 came falling about -1.12 while comparing to the previous closing price of $132.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $187.12 and as low as $98.76.
Taking a look at 20-day trading activity of Novanta Inc (NOVT) gives us an average price of $120.14, while its current price level is -29.77% below from 52-week high level whereas it is 33.06% 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 $124.88 while that of 200 days or SMA-200 reads an average of $154.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.88% during that period while stretching the period over a month that increases to 4.08%. 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 62.97 which implies that the stock is in neutral territory.
Over the week, NOVT’s stock price is moving 10.51% up while it is 14.79% when we observe its performance for the past one month. Year-to-date it is -13.98% down and over the past year, the stock is showing a downside performance of -18.52%.
Currently, Novanta Inc’s total number of outstanding shares is 35.96M with 0.86% of that held by the insiders while 101.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.90% and return on equity (ROE) at 9.73%. It has a price to earnings ratio (P/E ratio) of 67.22 while having a 32.42 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 6.14 while price to sale or P/S ratio amounts to 4.97. Its return on asset (ROA) is 5.05% on average.
