NanoViricides Inc (AMEX:NNVC) shares, rose in value on Friday, June 20, with the stock price up by 6.72% to the previous day’s close as strong demand from buyers drove the stock to $1.43.
Actively observing the price movement in the last trading, the stock closed the session at $1.34, falling within a range of $1.41 and $1.5. The value of beta (5-year monthly) was 0.915. Referring to stock’s 52-week performance, its high was $2.55, and the low was $0.94. On the whole, NNVC has fluctuated by -8.33% over the past month.
With the market capitalization of NanoViricides Inc currently standing at about $22.99 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Sep-27.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NNVC’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of NNVC currently trading nearly -6.20% and 2.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.14, while the 7-day volatility ratio is showing 6.15% which for the 30-day chart, stands at 5.91%. Furthermore, NanoViricides Inc (NNVC)’s beta value is 0.92, and its average true range (ATR) is 0.11.
A comparison of NanoViricides Inc (NNVC) with its peers suggests the former has fared considerably weaker in the market. NNVC showed an intraday change of 6.72% in last session, and over the past year, it shrunk by -24.74%%.
Data on historical trading for NanoViricides Inc (AMEX:NNVC) indicates that the trading volumes over the past 10 days have averaged 0.19 and over the past 3 months, they’ve averaged 157.86K. According to company’s latest data on outstanding shares, there are 16.07 million shares outstanding.
Nearly 3.63% of NanoViricides Inc’s shares belong to company insiders and institutional investors own 9.26% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.13 million shares as on 2025-05-30, resulting in a short ratio of 0.86. According to the data, the short interest in NanoViricides Inc (NNVC) stood at 87.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.13 million. This could raise investors’ confidence to be optimistic about the NNVC stock heading into the next quarter.
