NiSun International Enterprise Development Group Co Ltd’s Decline Of -2.17% Makes The Stock Worth Considering Again

NiSun International Enterprise Development Group Co Ltd (NASDAQ:NISN) concluded the trading at $8.57 on Wednesday, November 27, with a fall of -2.17% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $8.76 and 5Y monthly beta was reading 1.283 with its price kept floating in the range of $8.255 and $9.164 on the day. Company’s P/E ratio for the trailing 12 months is 2.05. Considering stock’s 52-week price range provides that NISN hit a high price of $22.55 and saw its price falling to a low level of $2.64 during that period. Over a period of past 1-month, stock came subtracting -9.60% in its value.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

With its current market valuation of $34.43 million, NiSun International Enterprise Development Group Co Ltd is set to declare its quarterly results in December. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.

In contrast, when we review NISN stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of Hold for it.

Digging deeper we become aware of the PEG ratio of the NISN stock which is currently positioned at 0. It further provides that stock’s current price level is -4.76% away from its 20-day simple moving average and is -29.56% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 42.21 while volatility remained at 10.87% over the past week which changes to 12.37% when measuring it over the past month. Beta is valued at 1.26, while measure of average true range or ATR is currently at 1.25.

Having a second look at NiSun International Enterprise Development Group Co Ltd (NASDAQ:NISN) provides that stock’s average daily trading volume for 3 months was 116.48K, while it jumped to 85440 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 4.01 million.

The percentage of outstanding shares held by the insiders is 26.93% while it is 2.19% for the institutional holders. The figures also indicate that as of 2024-11-15, number of stock’s short shares was 0.18 million which implies a short ratio of 1.46. This shows up a 483.00 of Short Interest in company’s outstanding shares on the day. In November the standing of shares short improved as it was 0.15 million in the previous month. Addition of 114.25% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

Most Popular