The key reasons why Nuvation Bio Inc (NUVB) is -37.98% away from 52-week high?

Nuvation Bio Inc (NYSE: NUVB) open the trading on Wednesday, with a bit cautious approach as it glided -0.39% to $2.58, before settling in for the price of $2.59 at the close. Taking a more long-term approach, NUVB posted a 52-week range of $1.21-$4.16.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -517.71%. This publicly-traded company’s shares outstanding now amounts to $337.57 million, simultaneously with a float of $228.20 million. The organization now has a market capitalization sitting at $870.92 million. At the time of writing, stock’s 50-day Moving Average stood at $2.52, while the 200-day Moving Average is $2.78.

Nuvation Bio Inc (NUVB) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Biotechnology industry. Nuvation Bio Inc’s current insider ownership accounts for 32.40%, in contrast to 43.46% institutional ownership. According to the most recent insider trade that took place on Nov 11 ’24, this organization’s CEO, ANHEART THERAPEUTICS LTD. sold 56,361 shares at the rate of 2.89, making the entire transaction reach 162,883 in total value, affecting insider ownership by 3,866,228. Preceding that transaction, on Oct 08 ’24, Company’s Director bought 100,000 for 2.20, making the whole transaction’s value amount to 220,000. This particular insider is now the holder of 100,000 in total.

Nuvation Bio Inc (NUVB) Earnings and Revenue Records

Nuvation Bio Inc’s EPS decrease for this current 12-month fiscal period is -517.71% and is forecasted to reach -0.61 in the upcoming year.

Nuvation Bio Inc (NYSE: NUVB) Trading Performance Indicators

Let’s observe the current performance indicators for Nuvation Bio Inc (NUVB). It’s Quick Ratio in the last reported quarter now stands at 9.57. The Stock has managed to achieve an average true range (ATR) of 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 403.21.

In the same vein, NUVB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.17, a figure that is expected to reach -0.14 in the next quarter, and analysts are predicting that it will be -0.61 at the market close of one year from today.

Technical Analysis of Nuvation Bio Inc (NUVB)

[Nuvation Bio Inc, NUVB] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 24.08% While, its Average True Range was 0.18.

Raw Stochastic average of Nuvation Bio Inc (NUVB) in the period of the previous 100 days is set at 29.44%, which indicates a major fall in contrast to 44.44% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 73.36% that was higher than 72.92% volatility it exhibited in the past 100-days period.