Nvni Group Ltd [NASDAQ: NVNI] gained 2.21% or 0.01 points to close at $0.41 with a heavy trading volume of 2919969 shares.
The daily chart for NVNI points out that the company has recorded -49.89% loss over the past six months.
If we look at the average trading volume of 29.20M shares, NVNI reached to a volume of 2919969 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Nvni Group Ltd [NVNI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NVNI shares is $7.05 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NVNI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Nvni Group Ltd is set at 0.09, with the Price to Sales ratio for NVNI stock in the period of the last 12 months amounting to 0.40. Price to Free Cash Flow for NVNI in the course of the last twelve months was 2.85 with Quick ratio for the last quarter at 0.16.
Trading performance analysis for NVNI stock
Nvni Group Ltd [NVNI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.04. With this latest performance, NVNI shares gained by 154.43% in over the last four-week period, additionally sinking by -49.89% over the last 6 months – not to mention a drop of -71.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NVNI stock in for the last two-week period is set at 51.05, with the RSI for the last a single of trading hit 52.57, and the three-weeks RSI is set at 47.02 for Nvni Group Ltd [NVNI]. The present Moving Average for the last 50 days of trading for this stock 0.2813, while it was recorded at 0.4105 for the last single week of trading, and 1.3339 for the last 200 days.
Nvni Group Ltd [NVNI]: A deeper dive into fundamental analysis
Nvni Group Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.16 and a Current Ratio set at 0.16.
