On Monday, Nuvalent Inc (NASDAQ: NUVL) opened lower -3.03% from the last session, before settling in for the closing price of $80.30. Price fluctuations for NUVL have ranged from $61.79 to $113.51 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -83.13% at the time writing. With a float of $43.01 million, this company’s outstanding shares have now reached $65.50 million.
The extent of productivity of a business whose workforce counts for 92 workers is very important to gauge. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Nuvalent Inc (NUVL) Insider Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Nuvalent Inc is 39.48%, while institutional ownership is 65.53%. The most recent insider transaction that took place on Dec 23 ’24, was worth 167,565. In this transaction Director of this company sold 2,000 shares at a rate of $83.78, taking the stock ownership to the 220,522 shares. Before that another transaction happened on Dec 16 ’24, when Company’s President and CEO sold 27,000 for $86.61, making the entire transaction worth $2,338,436. This insider now owns 188,113 shares in total.
Nuvalent Inc (NUVL) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -83.13% per share during the next fiscal year.
Nuvalent Inc (NASDAQ: NUVL) Trading Performance Indicators
Check out the current performance indicators for Nuvalent Inc (NUVL). In the past quarter, the stock posted a quick ratio of 23.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.48, a number that is poised to hit -1.08 in the next quarter and is forecasted to reach -4.51 in one year’s time.
Technical Analysis of Nuvalent Inc (NUVL)
The latest stats from [Nuvalent Inc, NUVL] show that its last 5-days average volume of 0.39 million was inferior to 0.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.48%. Additionally, its Average True Range was 3.32.
During the past 100 days, Nuvalent Inc’s (NUVL) raw stochastic average was set at 27.03%, which indicates a significant increase from 5.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.65% in the past 14 days, which was lower than the 57.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $91.15, while its 200-day Moving Average is $82.33. Now, the first resistance to watch is $80.11. This is followed by the second major resistance level at $82.34. The third major resistance level sits at $83.97. If the price goes on to break the first support level at $76.25, it is likely to go to the next support level at $74.62. Assuming the price breaks the second support level, the third support level stands at $72.39.
Nuvalent Inc (NASDAQ: NUVL) Key Stats
There are currently 71,053K shares outstanding in the company with a market cap of 5.41 billion. Presently, the company’s annual sales total 0 K according to its annual income of -126,220 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -84,350 K.
