Novonix Limited ADR (NASDAQ:NVX) price closed higher on Friday, July 18, and jumping 5.41% above its previous close.
A look at the daily price movement shows that the last close reads $1.48, with intraday deals fluctuated between $1.52 and $1.81. The company’s 5Y monthly beta was ticking 0.815. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.73 and 52-week low of $0.81. The stock added 41.82% on its value in the past month.
Novonix Limited ADR, which has a market valuation of $248.12 million, is expected to release its quarterly earnings report in August.
Staying with the analyst view, there is a consensus estimate of 9.26M for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow -1.76% below that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give NVX a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that NVX’s price is at present 36.93% off the SMA20 and 30.98% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 78.16, with weekly volatility standing at 21.16%. The indicator jumps to 9.23% when calculated based on the past 30 days. Novonix Limited ADR (NASDAQ:NVX)’s beta value is holding at 2.62.
An analysis of the Novonix Limited ADR (NASDAQ:NVX) stock in terms of its daily trading volume indicates that the 3-month average is 101.26K. However, this figure increases on the past 10-day timeline to an average of 0.41 million.
Current records show that the company has 141.99M in outstanding shares. The percentage share held by institutions stands at 0.42%. The stats also highlight that short interest as of 2025-06-13, stood at 0.37 million shares, which puts the short ratio at the time at 3.84. From this we can glean that short interest is 29.00 of company’s current outstanding shares. Notably, we see that shares short in June fall slightly given the previous month’s figure stood at 0.45 million. But the -12.36% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
