Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Novo Integrated Sciences Inc.’s current trading price is -72.80% away from its 52-week high, while its distance from the 52-week low is 392.75%. The stock’s price range during this period has varied between $0.07 and $1.25. The company, active in the Healthcare sector, saw a trading volume of around 26.56 million for the day, considerably lower average daily volume of 43.35 million observed over the last three months.
Currently, the stock price of Novo Integrated Sciences Inc. (NVOS) is $0.34. In the most recent trading session, the stock underwent a significant upswing, peaking at $0.3869 after opening at $0.3558. The stock touched a low of $0.3109 before closing at $0.40.
Novo Integrated Sciences Inc. had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $1.25 on 09/28/22, while the lowest price during the same period was $0.07 on 08/14/23.
How Financial Performance Impacts Market Capitalization
Novo Integrated Sciences Inc. (NVOS) has experienced a quarterly rise of 136.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 48.82M and boasts a workforce of 115 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1583, with a change in price of +0.2321. Similarly, Novo Integrated Sciences Inc. recorded 31,754,508 in trading volume during the last 100 days, posting a change of +215.11%.
How NVOS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for NVOS stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.00.
NVOS Stock Stochastic Average
As of today, the raw stochastic average of Novo Integrated Sciences Inc. over the last 50 days is at 57.73%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 52.41%. Further, the company’s Stochastic %K and %D values for the last 20 days were 64.27% and 72.04%, respectively.
NVOS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 69.07%. However, over the past six months, we’ve seen a weaker performance of 240.00%. The price of NVOS fallen by 122.95% over the last 30 days. And in the last five days, it has fallen by -7.10%.