Nuvation Bio Inc (NYSE: NUVB) kicked off on Friday, up 2.89% from the previous trading day, before settling in for the closing price of $2.77. Over the past 52 weeks, NUVB has traded in a range of $1.27-$4.16.
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While this was happening, its average annual earnings per share was recorded -517.71%. With a float of $228.20 million, this company’s outstanding shares have now reached $335.25 million.
In an organization with 51 employees, it is important to assess its efficiency. 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) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Nuvation Bio Inc is 32.40%, while institutional ownership is 43.48%. 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) Latest Financial update
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
Take a look at Nuvation Bio Inc’s (NUVB) current performance indicators. Last quarter, stock had a quick ratio of 9.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 458.26.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.35 million. That was better than the volume of 1.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.52%. Additionally, its Average True Range was 0.17.
During the past 100 days, Nuvation Bio Inc’s (NUVB) raw stochastic average was set at 43.15%, which indicates a significant decrease from 67.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.91% in the past 14 days, which was lower than the 72.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.52, while its 200-day Moving Average is $2.84. However, in the short run, Nuvation Bio Inc’s stock first resistance to watch stands at $2.94. Second resistance stands at $3.03. The third major resistance level sits at $3.15. If the price goes on to break the first support level at $2.73, it is likely to go to the next support level at $2.61. The third support level lies at $2.52 if the price breaches the second support level.
Nuvation Bio Inc (NYSE: NUVB) Key Stats
The company with the Market Capitalisation of 989.85 million has total of 336,567K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -75,800 K annual income. Company’s last quarter sales were recorded 730 K and last quarter income was -41,210 K.
