NowVertical Group (CVE:NOW) Reaches New 1-Year Low – Here’s Why

NowVertical Group Inc. (CVE:NOW)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.23 and last traded at C$0.23, with a volume of 274250 shares. The stock had previously closed at C$0.26.

Analysts Set New Price Targets

Separately, Cormark raised shares of NowVertical Group to a “moderate buy” rating in a report on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat, NowVertical Group currently has a consensus rating of “Strong Buy”.

NowVertical Group Price Performance

The firm has a market capitalization of C$22.50 million, a price-to-earnings ratio of -23.00 and a beta of 3.82. The business has a 50 day moving average of C$0.28 and a 200 day moving average of C$0.31.

About NowVertical Group

NowVertical Group Inc, together with its subsidiaries, operates as a big data, analytics, and vertical intelligence company in the United States, Argentina, Brazil, Chile, the United Kingdom, and internationally. The company offers NOW Fusion solution that creates a flexible distributed data processing pipeline; NOW DataBench solutions for data analytics; NOW Privacy solution, which reveals the risk across the entire data estate; and NOW SnowGraph solutions that provides one-to-many graph analytics framework.