NanoVibronix Inc. (NASDAQ:NAOV)’s traded shares stood at 1.65 million during the last session, with the company’s beta value hitting 0.06. At the close of trading, the stock’s price was $2.10, to imply a decrease of -6.25% or -$0.14 in intraday trading. The NAOV share’s 52-week high remains $4.19, putting it -99.52% down since that peak but still an impressive 74.29% since price per share fell to its 52-week low of $0.54. The company has a valuation of $52.35M, with an average of 2.76 million shares in intraday trading volume over the past 10 days and average of 23.32 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for NanoVibronix Inc. (NAOV), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give NAOV a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.
NanoVibronix Inc. (NASDAQ:NAOV) trade information
After registering a -6.25% downside in the last session, NanoVibronix Inc. (NAOV) has traded red over the past five days. The stock hit a weekly high of 2.42 this Thursday, 09/16/21, dropping -6.25% in its intraday price action. The 5-day price performance for the stock is -11.39%, and -28.57% over 30 days. With these gigs, the year-to-date price performance is 174.83%. Short interest in NanoVibronix Inc. (NASDAQ:NAOV) saw shorts transact 4.18 million shares and set a 0.1 days time to cover.
Analysts on Wall Street suggest a consensus price target of $10.50, implying an increase of 80.0% to the stock’s current value. The extremes give us $10.50 and $10.50 for target low and target high price respectively. As such, NAOV has been trading -400.0% off suggested target high and -400.0% from its likely low.
NanoVibronix Inc. (NAOV) estimates and forecasts
The rating firms project that company’s revenue will grow 98.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is $150k.
NanoVibronix Inc. has its next earnings report out on November 16. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. NanoVibronix Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
NanoVibronix Inc. (NASDAQ:NAOV)’s Major holders
NanoVibronix Inc. insiders hold 12.15% of total outstanding shares, with institutional holders owning 6.58% of the shares at 7.49% float percentage. In total, 6.58% institutions holds shares in the company, led by Vanguard Group, Inc. (The). As of Jun 29, 2021, the company held over 0.31 million shares (or 1.28% of shares), all amounting to roughly $0.26 million.
The next major institution holding the largest number of shares is Amtrust Financial Services, Inc. with 0.15 million shares, or about 0.61% of shares outstanding. As of the market price on Jun 29, 2021, these shares were worth $0.12 million.
We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the NanoVibronix Inc. (NAOV) shares. Going by data provided on Mar 30, 2021, Vanguard Extended Market Index Fund holds roughly 0.19 million shares. This is just over 0.80% of the total shares, with a market valuation of $0.2 million. Data from the same date shows that the other fund manager holds a little less at 0.11 million, or 0.46% of the shares, all valued at about 94649.0.