In last trading session, Enveric Biosciences Inc. (NASDAQ:ENVB) saw 1,138,362 shares changing hands with its beta currently measuring 1.85. Company’s recent per share price level of $4.21 trading at -$0.01 or -0.24% at ring of the bell on the day assigns it a market valuation of $41.47 Million. That closing price of ENVB’s stock is at a discount of -5.94% from its 52-week high price of $4.46 and is indicating a premium of 14.25% from its 52-week low price of $3.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 635.7 Million shares which gives us an average trading volume of 635.7 Million if we extend that period to 3-months.
For Enveric Biosciences Inc. (ENVB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 0. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 1 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Enveric Biosciences Inc. (NASDAQ:ENVB) trade information
In the face of being in the red during last session for losing -0.24%, in the last five days ENVB remained trading in the green while hitting it’s week-highest on Friday, Jan 08 when the stock touched $5.25-1 price level, adding 19.75% to its value on the day. Enveric Biosciences Inc.’s shares saw a change of -1.17% in year-to-date performance and have moved 6.85% in past 5-day. Enveric Biosciences Inc. (NASDAQ:ENVB) showed a performance of -33.81% in past 30-days. Number of shares sold short was 91.66 Million shares which calculate 0.14 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $50 to the stock, which implies a rise of 1087.65% to its current value. Analysts have been projecting $50 as a low price target for the stock while placing it at a high target of $50. It follows that stock’s current price would jump +1087.65% in reaching the projected high whereas dropping to the targeted low would mean a loss of 1087.65% for stock’s current value.
Enveric Biosciences Inc. (ENVB) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -23.9% during past 5 years. In 2021, company’s earnings growth rate is likely to be around 86.2% while estimates for its earnings growth in next 5 years are of 0%
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