Novonix Limited ADR (NASDAQ:NVX)’s traded shares stood at 0.41 million during the last session, with the company’s beta value hitting 2.98. At the close of trading, the stock’s price was $1.82, to imply an increase of 1.68% or $0.03 in intraday trading. The NVX share’s 52-week high remains $3.10, putting it -70.33% down since that peak but still an impressive 23.08% since price per share fell to its 52-week low of $1.40. The company has a valuation of $258.42M, with an average of 0.44 million shares in intraday trading volume over the past 10 days and average of 146.31K shares over the past 3 months.
Novonix Limited ADR (NASDAQ:NVX) trade information
After registering a 1.68% upside in the last session, Novonix Limited ADR (NVX) has traded red over the past five days. The 5-day price performance for the stock is 10.98%, and -32.34% over 30 days. With these gigs, the year-to-date price performance is -6.19%. Short interest in Novonix Limited ADR (NASDAQ:NVX) saw shorts transact 0.24 million shares and set a 2.31 days time to cover.
Novonix Limited ADR (NVX) estimates and forecasts
Looking at statistics comparing Novonix Limited ADR share performance against respective industry, we note that the company has underperformed competitors. Novonix Limited ADR (NVX) shares are -4.21% down over the last 6 months, with its year-to-date growth rate lower than industry average at -15.79% against 6.40%. The rating firms project that company’s revenue will grow 11.23% compared to the previous financial year.
NVX Dividends
Novonix Limited ADR has its next earnings report out in January. 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.
The next major institution holding the largest number of shares is GOLDMAN SACHS GROUP INC with 0.27 million shares, or about 0.2227% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.49 million.
We also have Tidal Tr II-Carbon Collective Climate Solutions U.S. Equity ETF and Fidelity NASDAQ Composite Index Fund as the top two Mutual Funds with the largest holdings of the Novonix Limited ADR (NVX) shares. Going by data provided on Jul 31, 2024 , Tidal Tr II-Carbon Collective Climate Solutions U.S. Equity ETF holds roughly 7.06 shares. This is just over 0.00% of the total shares, with a market valuation of $12849.0. Data from the same date shows that the other fund manager holds a little less at 5.29, or 0.00% of the shares, all valued at about 9629.0.
