In last trading session, Cineverse Corp (NASDAQ:CNVS) saw 0.3 million shares changing hands with its beta currently measuring 1.51. Company’s recent per share price level of $2.73 trading at $0.2 or 7.91% at ring of the bell on the day assigns it a market valuation of $42.88M. That closing price of CNVS’s stock is at a discount of -43.96% from its 52-week high price of $3.93 and is indicating a premium of 73.99% from its 52-week low price of $0.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.28 million shares which gives us an average trading volume of 195.10K if we extend that period to 3-months.
For Cineverse Corp (CNVS), 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 -0.12 in the current quarter.
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Cineverse Corp (NASDAQ:CNVS) trade information
Upright in the green during last session for gaining 7.91%, in the last five days CNVS remained trading in the green while hitting it’s week-highest on Monday, 11/04/24 when the stock touched $2.73 price level, adding 3.87% to its value on the day. Cineverse Corp’s shares saw a change of 102.22% in year-to-date performance and have moved 3.02% in past 5-day. Cineverse Corp (NASDAQ:CNVS) showed a performance of 99.27% in past 30-days. Number of shares sold short was 0.28 million shares which calculate 1.36 days to cover the short interests.
Cineverse Corp (CNVS) estimates and forecasts
This year revenue growth is estimated to rise 28.90% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 10.74M for the same. And 2 analysts are in estimates of company making revenue of 28.56M in the next quarter.
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 27.31% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 94.38% while estimates for its earnings growth in next 5 years are of 10.00%.
Cineverse Corp (NASDAQ:CNVS)’s Major holders
Insiders are in possession of 18.43% of company’s total shares while institution are holding 14.02 percent of that, with stock having share float percentage of 17.18%. Investors also watch the number of corporate investors in a company very closely, which is 14.02% institutions for Cineverse Corp that are currently holding shares of the company.
