Enviri Corp (NYSE:NVRI) shares, rose in value on Friday, March 28, with the stock price down by -5.67% to the previous day’s close as strong demand from buyers drove the stock to $6.65.
Actively observing the price movement in the last trading, the stock closed the session at $7.05, falling within a range of $6.57 and $7.115. The value of beta (5-year monthly) was 2.189. Referring to stock’s 52-week performance, its high was $12.79, and the low was $5.67. On the whole, NVRI has fluctuated by 0.76% over the past month.
With the market capitalization of Enviri Corp currently standing at about $533.41 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.29B, with a low estimate of 536.8M and a high estimate of 580.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 560M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NVRI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NVRI currently trading nearly 2.97% and -14.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.01, while the 7-day volatility ratio is showing 4.55% which for the 30-day chart, stands at 5.01%. Furthermore, Enviri Corp (NVRI)’s beta value is 1.98, and its average true range (ATR) is 0.35.
A comparison of Enviri Corp (NVRI) with its peers suggests the former has fared considerably weaker in the market. NVRI showed an intraday change of -5.67% in last session, and over the past year, it shrunk by -22.31%%.
Data on historical trading for Enviri Corp (NYSE:NVRI) indicates that the trading volumes over the past 10 days have averaged 1.34 and over the past 3 months, they’ve averaged 996.89K. According to company’s latest data on outstanding shares, there are 80.20 million shares outstanding.
Nearly 5.42% of Enviri Corp’s shares belong to company insiders and institutional investors own 95.38% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.36 million shares as on 2025-03-14, resulting in a short ratio of 3.8. According to the data, the short interest in Enviri Corp (NVRI) stood at 676.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.2 million. The stock has fallen by -13.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NVRI stock heading into the next quarter.
