Should You Have this stock in Your Portfolio? Neovasc Inc. (NVCN)

Neovasc Inc. (NVCN) Stock’s Moving Average & Performance Analysis:

The stock showed weekly performance of -6.35% and it maintained for the month at -12.75%. Likewise the performance for the quarter was recorded as -33.51% and for the year it was -91.26%. The stock showed -84.52% performance during last 6-months. The YTD performance remained at -31.72%. This stock traded higher toward its 52 week low with 10.67% and -92.32% downward from its 52 week high price. The stock price is moving below from its 20 days moving average with -4.27% and it is trading down from 50 days moving average with -21.73%. The stock price is moving along down drift from its 200 days moving average with -77.38%.

Let’s consider Neovasc Inc. (NVCN) stock move that changed on Tuesday Dated APRIL 16, 2019. 519484 shares changed at hands in last session versus to an average volume of 1965.28K shares. Neovasc Inc. (NVCN) stock ended at $0.41 by scoring -3.13%. It has 24.98M outstanding shares . The stock institutional ownership included 4.64% while insider ownership remained 7.84%. The net percent change kept by insiders has seen a change of 0.00% over last six month period.

Stock’s Price Fluctuations & Volatility:

The stock price registered volatility 6.67% in past week and volatility was at 8.17% over a last month. Historical volatility refers to the price fluctuations exhibited by the underlying asset (such as stock) over time. A security with high volatility has bigger fluctuations in price compared to a security with low volatility. The more quickly a price changes up and down, the more volatile it is. As such, volatility is often used as a measure of risk.

The stock’s Average True Range for 14 days was 0.03. ATR measures volatility, taking into account any gaps in the price movement. High ATR indicates increased volatility. A low ATR value indicates a series of periods with small ranges.

Presently, Neovasc Inc. (NVCN) has a RSI reading of 35.83.

Stock’s Ratio Analysis:

Robert Winter

Robert Winter

Robert Winter studied a business degree majoring in finance and security analysis. He has a deep understanding of both technical and fundamental forms of analysis, he deeply believes that it makes a lot more sense for average investors to understand fundamental analysis, which he believes anyone can learn. Robert Winter has over 10 years of experience as a professional journalist, writer and an editor. He holds a bachelor’s degree in International Business from University of Melbourne. He writes articles about hot stocks, dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. Robert primarily reports on Hot Stocks category. Email Contact: Robert@connectinginvestor.com

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