Cineverse Corp (CNVS) concluded trading on Wednesday at a closing price of $2.35, with 32.72 million shares of worth about $76.9 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 123.81% during that period and on Wednesday the price saw a gain of about 51.61%. Currently the company’s common shares owned by public are about 12.86M shares, out of which, 10.74M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 13 times over the past 12 months. They bought 604,364 shares in 9 of the transactions. In 4 selling transactions, insiders dumped 124,233 shares.
Stock saw a price change of 63.19% in past 5 days and over the past one month there was a price change of 66.67%. Year-to-date (YTD), CNVS shares are showing a performance of 74.07% which decreased to -80.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.97 but also hit the highest price of $12.00 during that period. The average intraday trading volume for Cineverse Corp shares is 75.73K. The stock is currently trading 48.52% above its 20-day simple moving average (SMA20), while that difference is up 72.27% for SMA50 and it goes to 11.56% higher than SMA200.
Cineverse Corp (NASDAQ: CNVS) currently have 12.86M outstanding shares and institutions hold larger chunk of about 8.37% of that.
The stock has a current market capitalization of $30.22M and its 3Y-monthly beta is at 1.45. It has posted earnings per share of -$0.73 in the same period. It has Quick Ratio of 0.98 while making debt-to-equity ratio of 0.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNVS, volatility over the week remained 22.22% while standing at 13.49% over the month.
Analysts are in expectations that Cineverse Corp (CNVS) stock would likely to be making an EPS of -$0.16 in the current quarter, while forecast for next quarter EPS is -$0.22 and it is -$0.6 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.16 which is -$0.16 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.6 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 35.84% while it is estimated to increase by 51.03% in next year. EPS is likely to shrink at an annualized rate of 10.00% for next 5-years, compared to annual growth of 41.24% made by the stock over the past 5-years.
