NanoViricides Inc (AMEX:NNVC) price on Thursday, July 03, fall -0.72% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.38.
A look at the stock’s price movement, the close in the last trading session was $1.39, moving within a range at $1.35 and $1.4382. The beta value (5-Year monthly) was 0.915. Turning to its 52-week performance, $2.55 and $0.94 were the 52-week high and 52-week low respectively. Overall, NNVC moved -6.12% over the past month.
NanoViricides Inc’s market cap currently stands at around $22.18 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Sep-27.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NNVC is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
1 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, 1 recommend NNVC 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.
NNVC’s current price about -3.33% and -2.98% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.16, while 7-day volatility ratio is 5.78% and 6.62% in the 30-day chart. Further, NanoViricides Inc (NNVC) has a beta value of 0.95.
If we refocus on NanoViricides Inc (AMEX:NNVC), historical trading data shows that trading volumes averaged 0.31 over the past 10 days and 195.48K over the past 3 months. The company’s latest data on shares outstanding shows there are 16.07 million shares.
The 3.63% of NanoViricides Inc’s shares are in the hands of company insiders while institutional holders own 9.26% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 87880.0 on 2025-06-13, giving us a short ratio of 0.47. The data shows that as of 2025-06-13 short interest in NanoViricides Inc (NNVC) stood at 57.00000000000001 of shares outstanding, with shares short rising to 70084.0 registered in 2025-05-15. Current price change has pushed the stock -25.41% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NNVC stock continues to rise going into the next quarter.
