There is no shortage of investors who are bullish on Nuvation Bio Inc (NUVB) stock

A share price of Nuvation Bio Inc [NUVB] is currently trading at $1.99, up 13.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NUVB shares have gain 19.88% over the last week, with a monthly amount drifted -9.95%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Nuvation Bio Inc [NYSE: NUVB] stock has seen the most recent analyst activity on March 27, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $10 from $1.40. Previously, BTIG Research upgraded its rating to Buy on March 26, 2024, and kept the price target unchanged to $5. On January 06, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $2 on the stock. BTIG Research downgraded its rating to a Neutral. BMO Capital Markets downgraded its rating to a Market Perform and reduced its price target to $2.50 on August 02, 2022. H.C. Wainwright started tracking with a Buy rating for this stock on May 04, 2022, and assigned it a price target of $14.

Nuvation Bio Inc experienced fluctuations in its stock price throughout the past year between $1.54 and $3.97. Currently, Wall Street analysts expect the stock to reach $6.75 within the next 12 months. Nuvation Bio Inc [NYSE: NUVB] shares were valued at $1.99 at the most recent close of the market. An investor can expect a potential return of 239.2% based on the average NUVB price forecast.

Analyzing the NUVB fundamentals

Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -21.28%, Pretax Profit Margin comes in at -72.14%, and Net Profit Margin reading is -72.14%. To continue investigating profitability, this company’s Return on Assets is posted at -1.05, Equity is -1.25 and Total Capital is -0.35. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.

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 1.7974 points at the first support level, and at 1.6048 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1063, and for the 2nd resistance point, it is at 2.2226.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Nuvation Bio Inc [NYSE:NUVB] is 9.04. Also, the Quick Ratio is 9.04, while the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 85.89, the price to book ratio is 1.45.

Transactions by insiders

Recent insider trading involved Hung David, PRESIDENT AND CEO, that happened on Apr 07 ’25 when 0.3 million shares were purchased. PRESIDENT AND CEO, Hung David completed a deal on Apr 04 ’25 to buy 0.2 million shares. Meanwhile, Director Mashal Robert bought 100000.0 shares on Apr 01 ’25.

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