In last trading session, NeoVolta Inc (NASDAQ:NEOV) saw 0.35 million shares changing hands with its beta currently measuring -0.45. Company’s recent per share price level of $3.62 trading at $0.14 or 4.02% at ring of the bell on the day assigns it a market valuation of $120.77M. That closing price of NEOV’s stock is at a discount of -68.78% from its 52-week high price of $6.11 and is indicating a premium of 82.6% from its 52-week low price of $0.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.26 million shares which gives us an average trading volume of 298.37K if we extend that period to 3-months.
NeoVolta Inc (NASDAQ:NEOV) trade information
Upright in the green during last session for gaining 4.02%, in the last five days NEOV remained trading in the red while hitting it’s week-highest on Thursday, 01/30/25 when the stock touched $3.62 price level, adding 5.97% to its value on the day. NeoVolta Inc’s shares saw a change of -30.52% in year-to-date performance and have moved -1.36% in past 5-day. NeoVolta Inc (NASDAQ:NEOV) showed a performance of -30.25% in past 30-days. Number of shares sold short was 0.99 million shares which calculate 3.32 days to cover the short interests.
NeoVolta Inc (NEOV) estimates and forecasts
This year revenue growth is estimated to rise 81.47% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 500k for the same. And 1 analysts are in estimates of company making revenue of 1.3M in the next quarter. Company posted 1.02M and 283.9k of sales in current and next quarters respectively a year earlier.
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 19.09% during past 5 years.
NeoVolta Inc (NASDAQ:NEOV)’s Major holders
Insiders are in possession of 15.14% of company’s total shares while institution are holding 15.54 percent of that, with stock having share float percentage of 18.32%. Investors also watch the number of corporate investors in a company very closely, which is 15.54% institutions for NeoVolta Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at NEOV for having 0.42 million shares of worth $1.1 million. And as of 2024-06-30, it was holding 1.2591 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.39 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.1601 of outstanding shares, having a total worth of $1.02 million.
On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 383.08 shares of worth $1.39 million or 1.74% of the total outstanding shares. The later fund manager was in possession of 160.23 shares on Oct 31, 2024 , making its stake of worth around $0.58 million in the company or a holder of 0.73% of company’s stock.
