Envista Holdings Corp (NVST) stock is currently valued at $20.83. During the last session, the stock experienced a remarkable rise, reaching $25.0 after opening at $20.83. The stock briefly dropped to $17.0 before ultimately closing at $18.89.
Envista Holdings Corp experienced a somewhat steady performance in the stock market.
52-week price history of NVST Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Envista Holdings Corp’s current trading price is -9.43% away from its 52-week high, while its distance from the 52-week low is 46.48%. The stock’s price range during this period has spanned from $14.22 to $23.00. In the Healthcare sector, the Envista Holdings Corp’s shares surpassed a trading volume of approximately 6.2 million for the day, which was noticeably higher compared to the average daily volume of 9.2.36 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Envista Holdings Corp (NVST) has experienced a quarterly rise of 27.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.46B and boasts a workforce of 12300 employees.
A Closer Look at Analysts’ Ratings for Envista Holdings Corp
As of right now, 4 analysts are rating Envista Holdings Corp as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.98, with a change in price of +3.32. Similarly, Envista Holdings Corp recorded 2,761,896 in trading volume during the last 100 days, posting a change of +18.96%.
Examining NVST’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NVST stands at 0.51. Similarly, the long-term debt-to-equity ratio is also 0.50.
NVST Stock Stochastic Average
Today’s raw stochastic average for Envista Holdings Corp over the last 50 days is 94.65%.This indicates a increase from the raw stochastic average of the past 20 days, which was 89.18%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 43.46% and 44.40%, respectively.
NVST Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 23.25%. However, over the last six months, the performance has been stronger by -2.71%. The price of NVST increased 3.27% over the last 30 days. And in the last five days, it has surged by 0.14%.
