Nuvei Corporation [NVEI] stock prices are up 0.12% to $33.21 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NVEI shares have lost -0.15% over the last week, with a monthly amount glided 0.27%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Nuvei Corporation [NASDAQ: NVEI] stock has seen the most recent analyst activity on May 08, 2024, when JP Morgan downgraded its rating to a Neutral and also boosted its price target to $34 from $32. Previously, Wells Fargo started tracking the stock with Equal Weight rating on January 17, 2024, and set its price target to $29. On December 20, 2023, Barclays initiated with a Overweight rating and assigned a price target of $34 on the stock. BMO Capital Markets started tracking the stock assigning a Outperform rating and suggested a price target of $30 on December 05, 2023. Seaport Research Partners initiated its recommendation with a Buy and recommended $25 as its price target on November 30, 2023. UBS started tracking with a Buy rating for this stock on October 20, 2023, and assigned it a price target of $20. In a note dated August 10, 2023, Goldman downgraded an Neutral rating on this stock and revised its target price from $41 to $22.
The stock price of Nuvei Corporation [NVEI] has been fluctuating between $13.32 and $33.78 over the past year. Currently, Wall Street analysts expect the stock to reach $38.83 within the next 12 months. Nuvei Corporation [NASDAQ: NVEI] shares were valued at $33.21 at the most recent close of the market. An investor can expect a potential return of 16.92% based on the average NVEI price forecast.
Analyzing the NVEI fundamentals
The Nuvei Corporation [NASDAQ:NVEI] reported sales of 1.31B for trailing twelve months, representing a surge of 12.52%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.18 points at the first support level, and at 33.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.24, and for the 2nd resistance point, it is at 33.26.
Ratios To Look Out For
It’s worth pointing out that Nuvei Corporation [NASDAQ:NVEI]’s Current Ratio is 1.06. In addition, the Quick Ratio stands at 1.06 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 3.60, the price to book ratio is 2.28.
