Nuvation Bio Inc (NYSE: NUVB) Is Worth A Gamble At $2.69

Nuvation Bio Inc (NYSE:NUVB)’s traded shares stood at 1.41 million during the last session, with the company’s beta value hitting 1.44. At the close of trading, the stock’s price was $2.69, to imply a decrease of -4.27% or -$0.12 in intraday trading. The NUVB share’s 52-week high remains $4.16, putting it -54.65% down since that peak but still an impressive 64.68% since price per share fell to its 52-week low of $0.95. The company has a valuation of $589.24M, with an average of 1.27 million shares over the past 3 months.

Nuvation Bio Inc (NYSE:NUVB) trade information

After registering a -4.27% downside in the last session, Nuvation Bio Inc (NUVB) has traded red over the past five days. The stock hit a weekly high of 3.20, dropping -4.27% in its intraday price action. The 5-day price performance for the stock is -11.80%, and 19.03% over 30 days. With these gigs, the year-to-date price performance is 78.15%.

Nuvation Bio Inc (NUVB) estimates and forecasts

Looking at statistics comparing Nuvation Bio Inc share performance against respective industry, we note that the company has underperformed competitors. Nuvation Bio Inc (NUVB) shares are 124.17% up over the last 6 months, with its year-to-date growth rate lower than industry average at 0.00% against 12.80%.

Revenue forecast for the current quarter as set by 4 analysts is -$. Meanwhile, for the quarter ending Jun 2024, a total of 4 analyst(s) estimate revenue growth to -$.Earnings reports from the last fiscal year show that sales brought in -$ and -$ respectively in the corresponding quarters.

NUVB Dividends

Nuvation Bio Inc has its next earnings report out in May. 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. Nuvation Bio 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%.