In the last trading session, 1,358,487 shares of the NanoVibronix, Inc.(NASDAQ:NAOV) were traded, and its beta was -0.09. Most recently the company’s share price was $1.35, and it changed around -$0.03 or -0.02% from the last close, which brings the market valuation of the company to $26.07 Million. NAOV currently trades at a discount to its 52-week high of $3.5, offering almost -159.26% off that amount. The share price’s 52-week low was $0.535, which indicates that the current value has risen by an impressive 60.37% since then. We note from NanoVibronix, Inc.’s average daily trading volume that its 10-day average is 1.44 Million shares, with the 3-month average coming to 6.85 Million.
NanoVibronix, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 2. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended NAOV as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. NanoVibronix, Inc. is expected to report earnings per share of $0 for the current quarter.
NanoVibronix, Inc. (NASDAQ:NAOV): Trading Information
Although NAOV has showed a red trend with a performance of -2.17% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $1.48 on Tuesday, Feb 16 increased the stock’s daily price by 8.78%. The company’s shares are currently up 0.77% year-to-date, but still down -0.0816 over the last five days. On the other hand, NanoVibronix, Inc. (NASDAQ:NAOV) is -0.02% down in the 30-day period. We can see from the shorts that 1.51 Million shares have been sold at a short interest cover period of 0.22 day(s).
The consensus price target as assigned by Wall Street analysts is $10.5, which translates to bears needing to increase their stock price by 677.78% from its current value. Analyst projections state that NAOV is forecast to be at a low of $10.5 and a high of $10.5. In order for the stock price to hit the forecast high, the stock would need to surge +677.78% from its current level, while the stock would need to crash 677.78% from its current level to reach the projected low.
NanoVibronix, Inc. (NAOV) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 39.6%. NanoVibronix, Inc. earnings are expected to decrease by -26.1% in 2021, but the outlook is negative 0% per year for the next five years.
NanoVibronix, Inc. (NASDAQ:NAOV)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 7.64% of NanoVibronix, Inc. shares, and 7.17% of them are in the hands of institutional investors. The stock currently has a share float of 7.77%. NanoVibronix, Inc. stock is held by 10 institutions, with Sabby Management, LLC being the largest institutional investor. By Dec 30, 2020, it held 5.52% of the shares, which is about 583.42 Thousand shares worth $445.79 Thousand.
Renaissance Technologies, LLC, with 4.86% or 513.1 Thousand shares worth $392.06 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
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Clearwater Small Companies Fund and Fidelity NASDAQ Composite Index Fund were the top two Mutual Funds as of Sep 29, 2020. The former held 73953 shares worth $51.79 Thousand, making up 0.7% of all outstanding shares. On the other hand, Fidelity NASDAQ Composite Index Fund held roughly 25.68 Thousand shares worth around $19.62 Thousand, which represents about 0.24% of the total shares outstanding.