Nuvalent Inc (NASDAQ:NUVL) shares, rose in value on Friday, June 20, with the stock price down by -0.70% to the previous day’s close as strong demand from buyers drove the stock to $75.00.
Actively observing the price movement in the last trading, the stock closed the session at $75.53, falling within a range of $73.66 and $76.2432. The value of beta (5-year monthly) was 1.341. Referring to stock’s 52-week performance, its high was $113.51, and the low was $55.53. On the whole, NUVL has fluctuated by -1.16% over the past month.
With the market capitalization of Nuvalent Inc currently standing at about $5.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NUVL’s technical picture suggests that short-term indicators denote the stock is a Hold 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 NUVL currently trading nearly -1.29% and 2.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.73, while the 7-day volatility ratio is showing 0.97% which for the 30-day chart, stands at 2.17%. Furthermore, Nuvalent Inc (NUVL)’s beta value is 1.34, and its average true range (ATR) is 2.94.
A comparison of Nuvalent Inc (NUVL) with its peers suggests the former has fared considerably weaker in the market. NUVL showed an intraday change of -0.70% in last session, and over the past year, it shrunk by -2.82%%.
Data on historical trading for Nuvalent Inc (NASDAQ:NUVL) indicates that the trading volumes over the past 10 days have averaged 0.48 and over the past 3 months, they’ve averaged 563.10K. According to company’s latest data on outstanding shares, there are 66.33 million shares outstanding.
Nearly 38.05% of Nuvalent Inc’s shares belong to company insiders and institutional investors own 74.05% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.63 million shares as on 2025-05-30, resulting in a short ratio of 9.87. According to the data, the short interest in Nuvalent Inc (NUVL) stood at 1832.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 6.06 million. The stock has fallen by -4.19% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NUVL stock heading into the next quarter.
