3.45% volatility in NovoCure Ltd (NVCR) last month: This is a red flag warning

SQ

on Tuesday, NovoCure Ltd (NASDAQ: NVCR) opened higher 3.45% from the last session, before settling in for the closing price of $18.54. Price fluctuations for NVCR have ranged from $14.17 to $34.13 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Healthcare sector company grew by 12.60% over the past five years. Company’s average yearly earnings per share was noted -4.67% at the time writing. With a float of $99.01 million, this company’s outstanding shares have now reached $111.48 million.

Let’s look at the performance matrix of the company that is accounted for 1488 employees. In terms of profitability, gross margin is 77.16%, operating margin of -26.84%, and the pretax margin is -20.88%.

NovoCure Ltd (NVCR) Insider Updates

A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of NovoCure Ltd is 11.19%, while institutional ownership is 85.16%. The most recent insider transaction that took place on May 03 ’25, was worth 10,604. In this transaction Chief Operating Officer of this company sold 592 shares at a rate of $17.91, taking the stock ownership to the 83,556 shares. Before that another transaction happened on May 05 ’25, when Company’s Officer proposed sale 592 for $17.91, making the entire transaction worth $10,604.

NovoCure Ltd (NVCR) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -4.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.26% during the next five years compared to -83.87% drop over the previous five years of trading.

NovoCure Ltd (NASDAQ: NVCR) Trading Performance Indicators

Check out the current performance indicators for NovoCure Ltd (NVCR). In the past quarter, the stock posted a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51, a number that is poised to hit -0.38 in the next quarter and is forecasted to reach -1.75 in one year’s time.

Technical Analysis of NovoCure Ltd (NVCR)

NovoCure Ltd (NASDAQ: NVCR) saw its 5-day average volume 1.12 million, a positive change from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 86.04%. Additionally, its Average True Range was 0.93.

During the past 100 days, NovoCure Ltd’s (NVCR) raw stochastic average was set at 26.71%, which indicates a significant decrease from 88.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.04% in the past 14 days, which was lower than the 54.29% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.73, while its 200-day Moving Average is $20.23. Nevertheless, the first resistance level for the watch stands at $19.56 in the near term. At $19.94, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.31. If the price goes on to break the first support level at $18.81, it is likely to go to the next support level at $18.44. Assuming the price breaks the second support level, the third support level stands at $18.06.

NovoCure Ltd (NASDAQ: NVCR) Key Stats

There are currently 111,486K shares outstanding in the company with a market cap of 2.14 billion. Presently, the company’s annual sales total 605,220 K according to its annual income of -168,630 K. Last quarter, the company’s sales amounted to 154,990 K and its income totaled -34,320 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.