NanoViricides Inc (AMEX:NNVC) Up Almost 10.71% In One Month, Looking Good For The Long Term

In last trading session, NanoViricides Inc (AMEX:NNVC) saw 0.64 million shares changing hands with its beta currently measuring 0.97. Company’s recent per share price level of $2.17 trading at $0.27 or 14.21% at ring of the bell on the day assigns it a market valuation of $25.63M. That closing price of NNVC’s stock is at a discount of -65.44% from its 52-week high price of $3.59 and is indicating a premium of 53.92% from its 52-week low price of $1.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.19 million shares which gives us an average trading volume of 309.28K if we extend that period to 3-months.

For NanoViricides Inc (NNVC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

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NanoViricides Inc (AMEX:NNVC) trade information

Upright in the green during last session for gaining 14.21%, in the last five days NNVC remained trading in the green while hitting it’s week-highest on Friday, 08/16/24 when the stock touched $2.17 price level, adding 4.82% to its value on the day. NanoViricides Inc’s shares saw a change of 112.75% in year-to-date performance and have moved 14.81% in past 5-day. NanoViricides Inc (AMEX:NNVC) showed a performance of 10.71% in past 30-days. Number of shares sold short was 0.35 million shares which calculate 1.21 days to cover the short interests.

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 22.25% during past 5 years.

NanoViricides Inc (AMEX:NNVC)’s Major holders

Insiders are in possession of 4.60% of company’s total shares while institution are holding 11.19 percent of that, with stock having share float percentage of 11.73%. Investors also watch the number of corporate investors in a company very closely, which is 11.19% institutions for NanoViricides Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at NNVC for having 0.46 million shares of worth $0.53 million. And as of 2024-03-31, it was holding 3.9028 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 0.16 million shares on 2024-03-31. The number of shares represents firm’s hold over 1.3516 of outstanding shares, having a total worth of $0.18 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2024 , the former fund manager was holding 300.19 shares of worth $0.65 million or 2.54% of the total outstanding shares. The later fund manager was in possession of 154.51 shares on Mar 31, 2024 , making its stake of worth around $0.34 million in the company or a holder of 1.31% of company’s stock.