Paranovus Entertainment Technology (PAVS) Stock Price, News & Analysis

Company Overview

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures. In addition, the company provides secure transaction environment, automobile procurement, and financial services for automobile manufacturers under the Taochejun automobile sales platform. It sells its products through distributors, large-scale chain drugstores, malls, and supermarkets under the Happiness brand. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. The company was founded in 2004 and is headquartered in Nanping, the People's Republic of China.

Key Stats

• Today's Range: $0.67 to $0.75
• 50-Day Range: $0.48 to $1.05
• 52-Week Range: $0.32 to $3.15
• Volume: 196,626 shs
• Average Volume: 78,375 shs
• Market Capitalization: $5.75 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Paranovus Entertainment Technology Stock Analysis - MarketRank™

Paranovus Entertainment Technology scored higher than 30% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Paranovus Entertainment Technology.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Paranovus Entertainment Technology has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.43% of the float of Paranovus Entertainment Technology has been sold short.

Short Interest Ratio / Days to Cover

Paranovus Entertainment Technology has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Paranovus Entertainment Technology has recently decreased by 18.86%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Paranovus Entertainment Technology does not currently pay a dividend.

Dividend Growth

Paranovus Entertainment Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.43% of the float of Paranovus Entertainment Technology has been sold short.

Short Interest Ratio / Days to Cover

Paranovus Entertainment Technology has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Paranovus Entertainment Technology has recently decreased by 18.86%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.08

News Sentiment

Paranovus Entertainment Technology has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Multi-Sector Conglomerates companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Paranovus Entertainment Technology this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Paranovus Entertainment Technology insiders have not sold or bought any company stock.

Percentage Held by Insiders

15.58% of the stock of Paranovus Entertainment Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.24% of the stock of Paranovus Entertainment Technology is held by institutions.

PAVS Stock Analysis - Frequently Asked Questions

How have PAVS shares performed this year?

Paranovus Entertainment Technology's stock was trading at $2.46 at the start of the year. Since then, PAVS shares have decreased by 72.0% and is now trading at $0.69.
View the best growth stocks for 2024 here.

How do I buy shares of Paranovus Entertainment Technology?

Shares of PAVS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Today: 10/05/2024
• Next Earnings (Estimated): 10/30/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Multi-Sector Conglomerates
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:PAVS
• CUSIP: N/A
• CIK: 1751876
• Web: www.happ.org.cn
• Phone: 86-059-9782-8808
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.11
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $6.54 million
• Price / Sales: 0.88
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.70 per share
• Price / Book: 0.99

Miscellaneous

• Outstanding Shares: 8,337,000
• Free Float: 7,038,000
• Market Cap: $5.75 million
• Optionable: Not Optionable
• Beta: 0.14