A new trading day began on Friday, with Cineverse Corp (NASDAQ: CNVS) stock price up 14.83% from the previous day of trading, before settling in for the closing price of $4.18. CNVS’s price has ranged from $0.71 to $4.89 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
Meanwhile, its annual earnings per share averaged -18.75%. With a float of $13.37 million, this company’s outstanding shares have now reached $15.98 million.
The extent of productivity of a business whose workforce counts for 179 workers is very important to gauge. In terms of profitability, gross margin is 50.85%, operating margin of 9.92%, and the pretax margin is -16.22%.
Cineverse Corp (CNVS) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Cineverse Corp is 16.34%, while institutional ownership is 14.87%. The most recent insider transaction that took place on Feb 24 ’25, was worth 79,200. In this transaction Director of this company sold 20,000 shares at a rate of $3.96, taking the stock ownership to the 245,548 shares. Before that another transaction happened on Feb 24 ’25, when Company’s Officer proposed sale 20,000 for $4.61, making the entire transaction worth $92,200.
Cineverse Corp (CNVS) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -18.75% per share during the next fiscal year.
Cineverse Corp (NASDAQ: CNVS) Trading Performance Indicators
Here are Cineverse Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.98. Likewise, its price to free cash flow for the trailing twelve months is 39.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit -0.17 in the next quarter
Technical Analysis of Cineverse Corp (CNVS)
The latest stats from [Cineverse Corp, CNVS] show that its last 5-days average volume of 0.79 million was superior to 0.14 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 73.04%.
During the past 100 days, Cineverse Corp’s (CNVS) raw stochastic average was set at 89.20%, which indicates a significant increase from 79.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.50% in the past 14 days, which was lower than the 74.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.41, while its 200-day Moving Average is $3.10. Now, the first resistance to watch is $5.13. This is followed by the second major resistance level at $5.47. The third major resistance level sits at $5.82. If the price goes on to break the first support level at $4.44, it is likely to go to the next support level at $4.09. Assuming the price breaks the second support level, the third support level stands at $3.75.
Cineverse Corp (NASDAQ: CNVS) Key Stats
With a market capitalization of 76.70 million, the company has a total of 15,980K Shares Outstanding. Currently, annual sales are 49,130 K while annual income is -21,410 K. The company’s previous quarter sales were 40,740 K while its latest quarter income was 7,110 K.
