Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Nuvation Bio Inc.’s current trading price is -49.33% away from its 52-week high, while its distance from the 52-week low is 3.99%. The stock’s price range over this period has fluctuated between $1.24 and $2.55. The company, operating within the financial sector, had a trading volume of approximately 6.84 million for the day, which was noticeably higher than the average daily share volume of 0.48 million over the last 3 months.
The stock of Nuvation Bio Inc. (NUVB) is currently priced at $1.29. In the last session, the stock climbed significantly, topping out at $1.325 after opening at $1.30. The day’s lowest price was $1.24 before the stock closed at $1.26.
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Nuvation Bio Inc. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.55 on 01/27/23 and the lowest value was $1.24 on 09/19/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nuvation Bio Inc. (NUVB) has experienced a quarterly decline of -27.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 299.65M and boasts a workforce of 54 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6939, with a change in price of -0.4400. Similarly, Nuvation Bio Inc. recorded 483,832 in trading volume during the last 100 days, posting a change of -26.83%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NUVB stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
NUVB Stock Stochastic Average
Today, Nuvation Bio Inc.’s raw stochastic average for the past 50 days stands at 2.11%, indicating a decline from the raw stochastic average of the last 20 days, which was 3.88%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 4.60% and 4.74% respectively.
NUVB Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -32.84% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -22.78%. Over the past 30 days, the price of NUVB has leaped by -23.24%. And in the last five days, it has fallen by -14.03%.
