Nova Ltd (NASDAQ:NVMI) currently has a daily average trading volume of 270.57K but it saw 250236 shares traded in last market. With a market cap of 8.38B USD, the company’s current market price of $284.96 came rising about 3.09 while comparing to the previous closing price of $276.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $289.90 and as low as $153.99.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Overweight” in its note to investors issued on January 13, 2025, recommending a price target of $275 for it. Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on January 06, 2025 while assigning a price target range of $226-$240. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $273 and $224.
Over the week, NVMI’s stock price is moving 5.98% up while it is 35.88% when we observe its performance for the past one month. Year-to-date it is 22.38% up and over the past year, the stock is showing an upside performance of 44.69%.
Currently, Nova Ltd’s total number of outstanding shares is 29.40M. Company’s return on investment (ROI) stands at 20.56% and return on equity (ROE) at 23.87%. It has a price to earnings ratio (P/E ratio) of 43.26 while having a 31.10 of forward P/E ratio. Stock’s beta reads 1.68. Stock has a price to book (P/B) ratio of 8.50 while price to sale or P/S ratio amounts to 11.26. Its return on asset (ROA) is 15.96% on average.
