Nuvation Bio Inc (NUVB) volume exceeds 3.43 million: A new investment opportunity for investors

On Friday, Nuvation Bio Inc (NYSE: NUVB) was 3.70% up from the session before settling in for the closing price of $2.70. A 52-week range for NUVB has been $1.22 – $4.16.

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When this article was written, the company’s average yearly earnings per share was at -517.71%. With a float of $228.20 million, this company’s outstanding shares have now reached $337.57 million.

Considering the fact that the conglomerate employs 51 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -32.69%, operating margin of -5541.88%, and the pretax margin is -21940.68%.

Nuvation Bio Inc (NUVB) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Nuvation Bio Inc stocks. The insider ownership of Nuvation Bio Inc is 32.40%, while institutional ownership is 43.46%. The most recent insider transaction that took place on Nov 11 ’24, was worth 162,883. In this transaction CEO, ANHEART THERAPEUTICS LTD. of this company sold 56,361 shares at a rate of $2.89, taking the stock ownership to the 3,866,228 shares. Before that another transaction happened on Oct 08 ’24, when Company’s Director bought 100,000 for $2.20, making the entire transaction worth $220,000. This insider now owns 100,000 shares in total.

Nuvation Bio Inc (NUVB) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.05 earnings per share (EPS) during the time that was better than consensus figure (set at -0.08) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -517.71% per share during the next fiscal year.

Nuvation Bio Inc (NYSE: NUVB) Trading Performance Indicators

You can see what Nuvation Bio Inc (NUVB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 9.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 453.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.17, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.61 in one year’s time.

Technical Analysis of Nuvation Bio Inc (NUVB)

Compared to the last year’s volume of 1.52 million, its volume of 2.95 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.50%. Additionally, its Average True Range was 0.18.

During the past 100 days, Nuvation Bio Inc’s (NUVB) raw stochastic average was set at 40.61%, which indicates a significant decrease from 68.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.87% in the past 14 days, which was higher than the 72.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.51, while its 200-day Moving Average is $2.79. Nevertheless, the first resistance level for the watch stands at $2.86 in the near term. At $2.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.01. If the price goes on to break the first support level at $2.70, it is likely to go to the next support level at $2.60. Now, if the price goes above the second support level, the third support stands at $2.55.

Nuvation Bio Inc (NYSE: NUVB) Key Stats

There are 336,567K outstanding shares of the company, which has a market capitalization of 980.20 million. As of now, sales total 0 K while income totals -75,800 K. Its latest quarter income was 730 K while its last quarter net income were -41,210 K.