NanoViricides Inc [AMEX: NNVC] loss 0.00% on the last trading session, reaching $1.34 price per share at the time.
NanoViricides Inc represents 16.07 million in outstanding shares, while the company has a total market value of $21.54 million with the latest information. NNVC stock price has been found in the range of $1.25 to $1.36.
If compared to the average trading volume of 157.07K shares, NNVC reached a trading volume of 120847 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 NanoViricides Inc [NNVC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NNVC shares is $6.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NNVC 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.
Midtown Partners have made an estimate for NanoViricides Inc shares, keeping their opinion on the stock as Strong Buy, with their previous recommendation back on February 11, 2015.
The Average True Range (ATR) for NanoViricides Inc is set at 0.11 The Price to Book ratio for the last quarter was 2.44, with the Price to Cash per share for the same quarter was set at 0.16.
Trading performance analysis for NNVC stock
NanoViricides Inc [NNVC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.84. With this latest performance, NNVC shares dropped by -8.22% in over the last four-week period, additionally sinking by -9.46% over the last 6 months – not to mention a drop of -29.47% in the past year of trading.
NanoViricides Inc [NNVC]: A deeper dive into fundamental analysis
Return on Equity for this stock declined to -90.50%, with Return on Assets sitting at -90.50%.
An analysis of Institutional ownership at NanoViricides Inc [NNVC]
There are presently around $9.26%, or 9.60%% of NNVC stock, in the hands of institutional investors. The top three institutional holders of NNVC stocks are: VANGUARD GROUP INC with ownership of 0.51 million shares, which is approximately 4.2997%. BLACKROCK INC., holding 0.16 million shares of the stock with an approximate value of $$0.27 million in NNVC stocks shares; and BLACKROCK INC., currently with $$0.26 million in NNVC stock with ownership which is approximately 1.2636%.
