In the latest trading session,, 0.81 million NeoVolta Inc (NASDAQ:NEOV) shares changed hands as the company’s beta touched -0.32. With the company’s most recent per share price at $5.36 changing hands around $0.49 or 10.07% at last look, the market valuation stands at $182.93M. NEOV’s current price is a discount, trading about -13.99% off its 52-week high of $6.11. The share price had its 52-week low at $1.80, which suggests the last value was 66.42% up since then. When we look at NeoVolta Inc’s average trading volume, we note the 10-day average is 0.28 million shares, with the 3-month average coming to 210.72K.
NeoVolta Inc (NASDAQ:NEOV) trade information
Instantly NEOV is in green as seen in intraday trades today. With action 17.56%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 117.91%, with the 5-day performance at 17.56% in the green. However, in the 30-day time frame, NeoVolta Inc (NASDAQ:NEOV) is 83.58% up. Looking at the short shares, we see there were 1.52 million shares sold at short interest cover period of 10.78 days.
NeoVolta Inc (NEOV) estimates and forecasts
Year-over-year growth is forecast to reach 202.45% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 4.3M. 1 analysts are of the opinion that NeoVolta Inc’s revenue for the current quarter will be 3.1M. The company’s revenue for the corresponding quarters a year ago was 579.21k and 590.24k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 642.39%. The estimates for the next quarter sales put growth at 425.21%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 19.09%. The 2025 estimates are for NeoVolta Inc earnings to decrease by -57.14%.
NEOV Dividends
NeoVolta Inc is expected to release its next quarterly earnings report on 2025-May-09.
NeoVolta Inc (NASDAQ:NEOV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 14.80% of NeoVolta Inc shares while 17.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 20.51%. There are 17.47% institutions holding the NeoVolta Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 1.2591% of the shares, roughly 0.42 million NEOV shares worth $1.1 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 1.1601% or 0.39 million shares worth $1.02 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . With 402.66 shares estimated at $2.11 million under it, the former controlled 1.83% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held about 0.71% of the shares, roughly 155.65 shares worth around $0.81 million.
