Why Nevro Corp (NYSE: NVRO) Should Be Included On Your Watchlist

Nevro Corp (NYSE:NVRO)’s traded shares stood at 0.6 million during the last session, with the company’s beta value hitting 0.97. At the close of trading, the stock’s price was $9.79, to imply a decrease of -6.85% or -$0.72 in intraday trading. The NVRO share’s 52-week high remains $28.89, putting it -195.1% down since that peak but still an impressive -2.35% since price per share fell to its 52-week low of $10.02. The company has a valuation of $359.59M, with an average of 506.80K shares over the past 3 months.

Nevro Corp (NYSE:NVRO) trade information

After registering a -6.85% downside in the last session, Nevro Corp (NVRO) has traded red over the past five days. The stock hit a weekly high of 11.69, dropping -6.85% in its intraday price action. The 5-day price performance for the stock is -13.29%, and -25.38% over 30 days. With these gigs, the year-to-date price performance is -54.51%.

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Nevro Corp (NVRO) estimates and forecasts

Looking at statistics comparing Nevro Corp share performance against respective industry, we note that the company has underperformed competitors. Nevro Corp (NVRO) shares are -39.57% down over the last 6 months, with its year-to-date growth rate lower than industry average at 2.03% against 14.40%.

NVRO Dividends

Nevro Corp has its next earnings report out in June. 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. Nevro Corp 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%.