Nuvei Co. (NASDAQ:NVEI - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $33.97 and last traded at $33.97, with a volume of 1267046 shares changing hands. The stock had previously closed at $33.57.
Nuvei Trading Up 1.3 %
The company has a fifty day moving average of $33.43 and a two-hundred day moving average of $32.87. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 226.60, a price-to-earnings-growth ratio of 1.85 and a beta of 2.51.
Nuvei (NASDAQ:NVEI - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01). Nuvei had a return on equity of 7.43% and a net margin of 1.75%. The business had revenue of $357.62 million for the quarter, compared to analyst estimates of $340.60 million. On average, research analysts expect that Nuvei Co. will post 1.09 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of NVEI. Quantbot Technologies LP bought a new stake in Nuvei in the first quarter valued at $207,000. Swiss National Bank grew its position in Nuvei by 1.0% in the first quarter. Swiss National Bank now owns 125,400 shares of the company's stock valued at $3,963,000 after acquiring an additional 1,200 shares during the period. Tocqueville Asset Management L.P. grew its holdings in shares of Nuvei by 14.3% during the first quarter. Tocqueville Asset Management L.P. now owns 80,000 shares of the company's stock worth $2,530,000 after purchasing an additional 10,000 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Nuvei by 2.0% during the first quarter. Vanguard Group Inc. now owns 2,327,272 shares of the company's stock worth $73,588,000 after purchasing an additional 44,600 shares during the last quarter. Finally, Covestor Ltd bought a new stake in shares of Nuvei during the first quarter worth $58,000. 42.45% of the stock is currently owned by institutional investors and hedge funds.
About Nuvei
(
Get Free Report)
Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. The company's platform enables customers to pay and/or accept payments worldwide regardless of the location, device, or preferred payment method.
See Also
Before you consider Nuvei, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nuvei wasn't on the list.
While Nuvei currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
