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. NanoVibronix Inc’s current trading price is -93.60% away from its 52-week high, while its distance from the 52-week low is 55.95%. The stock’s price range during this period has varied between $0.67 and $16.25. The company, active in the Healthcare sector, saw a trading volume of around 8.48 million for the day, considerably higher average daily volume of 4.83 million observed over the last three months.
NanoVibronix Inc’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
NanoVibronix Inc (NAOV) has experienced a quarterly decline of -85.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.69M and boasts a workforce of 31 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 2.8808, with a change in price of -2.9865. Similarly, NanoVibronix Inc recorded 4,465,194 in trading volume during the last 100 days, posting a change of -74.26%.
How NAOV’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 NAOV stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.00.
NAOV Stock Stochastic Average
As of today, the raw stochastic average of NanoVibronix Inc over the past 50 days is 9.66%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 39.38%. Additionally, the Stochastic %K and %D values for the company were 33.85% and 28.72%, respectively, over the past 20 days.
NAOV Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -87.91%.However, over the last six months, we can see a stronger performance of -83.41%. Over the last 30 days, the price of NAOV has fallen by 15.54%. And in the last five days, it has surged by 8.48%.
