Investors Are Waking Up To Nvni Group Ltd (NASDAQ: NVNI) After Losing -72.28% Over The Past 12 Months

money audit

Nvni Group Ltd (NASDAQ:NVNI) currently has a daily average trading volume of 28.86M but it saw 33595043 shares traded in last market. With a market cap of 14.80M USD, the company’s current market price of $0.43 came rising about 7.16 while comparing to the previous closing price of $0.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.19 and as low as $0.14.

Taking a look at 20-day trading activity of Nvni Group Ltd (NVNI) gives us an average price of $0.3344, while its current price level is -96.49% below from 52-week high level whereas it is 196.74% 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 $0.2660 while that of 200 days or SMA-200 reads an average of $1.3638. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.91% during that period while stretching the period over a month that increases to 32.51%. 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 52.44 which implies that the stock is in neutral territory.

Over the week, NVNI’s stock price is moving -19.66% down while it is 135.15% when we observe its performance for the past one month. Year-to-date it is -82.52% down and over the past year, the stock is showing a downside performance of -72.28%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.3.

Stock’s beta reads -0.31. Stock has a price to sale or P/S ratio amounts to 0.41.