Nuvation Bio Inc (NYSE:NUVB) price on current trading day, rose 1.02% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.98.
A look at the stock’s price movement, the close in the last trading session was $1.96, moving within a range at $1.9 and $2.0. The beta value (5-Year monthly) was 1.472. Turning to its 52-week performance, $4.16 and $1.67 were the 52-week high and 52-week low respectively. Overall, NUVB moved -14.66% over the past month.
Nuvation Bio Inc’s market cap currently stands at around $670.58 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-05.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 13.56M, representing a 72.24% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NUVB is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 4 recommend NUVB as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
NUVB’s current price about -2.80% and -14.67% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.71, while 7-day volatility ratio is 7.84% and 9.30% in the 30-day chart. Further, Nuvation Bio Inc (NUVB) has a beta value of 1.41, and an average true range (ATR) of 0.18. Analysts have given the company’s stock an average 52-week price target of $6, forecast between a low of $5 and high of $10. Looking at the price targets, the low is -152.53% off current price level while to achieve the yearly target high, price needs to move -405.05%. Nonetheless, investors will most likely welcome a -203.03% jump to $6 which is the analysts’ median price.
If we refocus on Nuvation Bio Inc (NYSE:NUVB), historical trading data shows that trading volumes averaged 3.48 over the past 10 days and 2.63 million over the past 3 months. The company’s latest data on shares outstanding shows there are 336.84 million shares.
The 33.03% of Nuvation Bio Inc’s shares are in the hands of company insiders while institutional holders own 45.77% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 24.66 million on 2025-02-28, giving us a short ratio of 14.36. The data shows that as of 2025-02-28 short interest in Nuvation Bio Inc (NUVB) stood at 1019.0000000000001 of shares outstanding, with shares short falling to 25.21 million registered in 2025-01-31. Current price change has pushed the stock -25.56% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NUVB stock continues to rise going into the next quarter.
