NeoVolta Inc (NASDAQ: NEOV): Can The Stock Still Lose Despite An -33.01% YTD Loss?

NeoVolta Inc (NASDAQ:NEOV)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting -0.28. At the close of trading, the stock’s price was $3.49, to imply an increase of 21.60% or $0.62 in intraday trading. The NEOV share’s 52-week high remains $6.11, putting it -75.07% down since that peak but still an impressive 48.42% since price per share fell to its 52-week low of $1.80.

NeoVolta Inc (NASDAQ:NEOV) trade information

After registering a 21.60% upside in the last session, NeoVolta Inc (NEOV) has traded red over the past five days. The 5-day price performance for the stock is 7.06%, and 53.07% over 30 days. With these gigs, the year-to-date price performance is -33.01%.

NEOV Dividends

NeoVolta Inc 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.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 0.39 million shares, or about 1.1601% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.02 million.

We also have VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the NeoVolta Inc (NEOV) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund holds roughly 402.66 shares. This is just over 1.83% of the total shares, with a market valuation of $1.41 million. Data from the same date shows that the other fund manager holds a little less at 157.83, or 0.72% of the shares, all valued at about 0.55 million.