Nova Ltd (NVMI) recent quarterly performance of 33.04% is not showing the real picture

As on Thursday, Nova Ltd (NASDAQ: NVMI) started slowly as it slid -5.34% to $239.15, before settling in for the price of $252.65 at the close. Taking a more long-term approach, NVMI posted a 52-week range of $158.00-$289.90.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 26.39%. Meanwhile, its Annual Earning per share during the time was 35.31%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 23.08%. This publicly-traded company’s shares outstanding now amounts to $29.28 million, simultaneously with a float of $29.27 million. The organization now has a market capitalization sitting at $7.00 billion. At the time of writing, stock’s 50-day Moving Average stood at $232.12, while the 200-day Moving Average is $213.06.

Nova Ltd (NVMI) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Semiconductor Equipment & Materials industry. Nova Ltd’s current insider ownership accounts for 0.02%, in contrast to 87.18% institutional ownership.

Nova Ltd (NVMI) Earnings and Revenue Records

Nova Ltd’s EPS increase for this current 12-month fiscal period is 23.08% and is forecasted to reach 8.84 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.21% through the next 5 years, which can be compared against the 35.31% growth it accomplished over the previous five years trading on the market.

Nova Ltd (NASDAQ: NVMI) Trading Performance Indicators

Let’s observe the current performance indicators for Nova Ltd (NVMI). It’s Quick Ratio in the last reported quarter now stands at 1.92. The Stock has managed to achieve an average true range (ATR) of 11.85. Alongside those numbers, its PE Ratio stands at $41.87, and its Beta score is 1.44. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.41. Similarly, its price to free cash flow for trailing twelve months is now 32.11.

In the same vein, NVMI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.71, a figure that is expected to reach 2.07 in the next quarter, and analysts are predicting that it will be 8.84 at the market close of one year from today.

Technical Analysis of Nova Ltd (NVMI)

Through scrutinizing the latest numbers posted by the [Nova Ltd, NVMI], it can be observed that its last 5-days Average volume of 0.35 million was better the volume of 0.26 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 13.85% While, its Average True Range was 12.31.

Raw Stochastic average of Nova Ltd (NVMI) in the period of the previous 100 days is set at 58.36%, which indicates a major rise in contrast to 6.88% 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 52.08% that was lower than 52.61% volatility it exhibited in the past 100-days period.