The Short-term Rise and Fall of Cineverse Corp (CNVS) Stock

Kevin Freeman

A share price of Cineverse Corp [CNVS] is currently trading at $2.15, up 2.38%. An important factor to consider is whether the stock is rising or falling in short-term value. The CNVS shares have gain 4.88% over the last week, with a monthly amount drifted -11.16%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Cineverse Corp experienced fluctuations in its stock price throughout the past year between $2.03 and $7.39. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Cineverse Corp [NASDAQ: CNVS] shares were valued at $2.15 at the most recent close of the market. An investor can expect a potential return of 318.6% based on the average CNVS price forecast.

Analyzing the CNVS fundamentals

Trailing Twelve Months sales for Cineverse Corp [NASDAQ:CNVS] were 79.79M which represents -3.00% decline. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.03%, 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 -0.02, Equity is -0.03 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.19.

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 2.08 points at the first support level, and at 2.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.23, and for the 2nd resistance point, it is at 2.31.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Cineverse Corp [NASDAQ:CNVS] is 0.95. On the other hand, the Quick Ratio is 0.95, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 1.19.

Transactions by insiders

Recent insider trading involved Halford Mary Ann, Director, that happened on Feb 24 ’25 when 20000.0 shares were sold. Officer, Halford Mary Ann completed a deal on Feb 24 ’25 to buy 20000.0 shares.

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