For the readers interested in the stock health of NovoCure Limited (NVCR). It is currently valued at $192.82. When the transactions were called off in the previous session, Stock hit the highs of $132.75, after setting-off with the price of $130.27. Company’s stock value dipped to $128.45 during the trading on the day. When the trading was stopped its value was $131.88.
Recently in News on April 13, 2021, Zai Lab Partner Novocure Announces Update on Phase 3 Pivotal LUNAR Trial of Tumor Treating Fields in Non-Small Cell Lung Cancer. Pre-specified interim analysis concluded with favorable recommendation to continue the LUNAR trial. You can read further details here
NovoCure Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $218.09 on 04/13/21, with the lowest value was $117.49 for the same time period, recorded on 03/05/21.
NovoCure Limited (NVCR) full year performance was 88.40%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, NovoCure Limited shares are logging -0.99% during the 52-week period from high price, and 248.05% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $55.40 and $194.75.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 7339872 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the NovoCure Limited (NVCR) recorded performance in the market was -23.79%, having the revenues showcasing -22.60% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 13.55B, as it employees total of 1023 workers.
Analysts verdict on NovoCure Limited (NVCR)
During the last month, 0 analysts gave the NovoCure Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 154.28, with a change in the price was noted +81.38. In a similar fashion, NovoCure Limited posted a movement of +67.78% for the period of last 100 days, recording 952,173 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NVCR is recording 0.90 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.90.
NovoCure Limited (NVCR): Technical Analysis
Raw Stochastic average of NovoCure Limited in the period of last 50 days is set at 83.46%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 83.10%. In the last 20 days, the company’s Stochastic %K was 58.08% and its Stochastic %D was recorded 50.10%.
Let’s take a glance in the erstwhile performances of NovoCure Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -23.79%. Additionally, trading for the stock in the period of the last six months notably improved by 2.01%, alongside a boost of 88.40% for the period of the last 12 months. The shares increased approximately by 1.13% in the 7-day charts and went up by -4.55% in the period of the last 30 days. Common stock shares were lifted by -22.60% during last recorded quarter.