NanoVibronix Inc. (NASDAQ:NAOV) price is hovering lower on Monday, September 13, dropping -2.76% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.22, with intraday deals fluctuating between $2.15 and $2.30. The company’s 5Y monthly beta was ticking 0.03. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.19 and 52-week low of $0.54. The stock subtracted -23.18% on its value in the past month.
NanoVibronix Inc., which has a market valuation of $55.34 million, is expected to release its quarterly earnings report Nov 15, 2021 – Nov 19, 2021. Analysts tracking NAOV have forecast the quarterly EPS to shrink by 0 per share this quarter, while the same analysts predict the annual EPS to hit $0 for the year 2021 and up to $0 for 2020.
On average, analysts have forecast the company’s revenue for the quarter will hit $150k, with the likely lows of $150k and highs of $150k. The average estimate suggests sales growth for the quarter will likely rise by 177.80% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $630k for the company’s annual revenue in 2019. Per this projection, the revenue is forecast to grow 98.10% above that which the company brought in 2019.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give NAOV a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned NAOV a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the NanoVibronix Inc. (NAOV) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that NAOV’s price is at present -20.79% off the SMA20 and 6.25% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 43.75, with weekly volatility standing at 7.30%. The indicator jumps to 14.19% when calculated based on the past 30 days. NanoVibronix Inc. (NASDAQ:NAOV)’s beta value is holding at 0.06, while the average true range (ATR) indicator is currently reading 0.36. Considering analysts have assigned the stock a price target range of $10.50-$10.50 as the low and high respectively, we find the trailing 12-month average consensus price target to be $10.50. Based on this estimate, we see that today’s price at last check is roughly -386.11% off the estimated low and -386.11% off the forecast high. Investors will no doubt be excited to see the share price fall to $10.50, which is the median consensus price, and at that level NAOV would be -386.11% from recent price.
Turning out attention to how the NanoVibronix Inc. stock has performed in comparison to its peers in the industry, here’s what we find: NAOV’s stock is -2.76% on the day and 270.00% in the past 12 months, while Sientra Inc. (SIEN) traded 1.82% in the latest session and is positioned 78.70% up on its price 12 months ago. Another comparison is with Repro Med Systems Inc. (KRMD) whose stock price is up 0.84% in the current trading session, and has flourished -60.92% over the past year. Elsewhere in the market, the S&P 500 Index has stumbled -0.19% in today’s early trading, with the Dow Jones Industrial also seeing a negative session so far with -0.56%.
An analysis of the NanoVibronix Inc. (NASDAQ:NAOV) stock in terms of its daily trading volume indicates that the 3-month average is 23.23 million.
Current records show that the company has 24.78M in outstanding shares. The insiders’ percentage holdings are 12.15% of outstanding shares while the percentage share held by institutions stands at 6.60%. But the 190.54% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.