NVVE Stock : NV5 Global, Inc. provides professional and technical advice and certification solutions to the both the private and public sectors. It is a part of its Infrastructure (INF) and the Building, Technology, and Sciences (BTS) segment. The INF segment includes engineering programs management for civil engineering, and quality assurance for construction procedures. The BTS segment is comprised of the areas of energy, environmental as well as building management. The company was launched on September 12, 2011, and is situated in Hollywood, FL.
Nuvve Returns vs. S&P
| 1 YEAR | 5 YEAR | 5 YEAR ANNUALIZED | SINCE IPO | |
|---|---|---|---|---|
| NVVE | -84.38% | -88% | ||
| S&P | -13.98% | +38.73% | +6.76% | +38% |
Assets
| Q3 2022 | YOY CHANGE | |
|---|---|---|
| Net Cash | $22.12M | -46.2% |
| Accounts Receivable | $1.06M | -3.2% |
| Inventory | 11.767996 | +90.4% |
Liabilities
QUARTERLYANNUAL
| Q3 2022 | YOY CHANGE | |
|---|---|---|
| Long Term Debt | $5.24M | +25,378.2% |
| Short Term Debt | $0.71M | +9,017.6% |
Ratios
QUARTERLYANNUAL
| Q3 2022 | YOY CHANGE | |
|---|---|---|
| Return On Assets | -105.4% | – |
| Return On Invested Capital | 113.6% | -39.2% |
Cash Flow
QUARTERLYANNUAL
| Q3 2022 | YOY CHANGE | |
|---|---|---|
| Free Cash Flow | -$7.47M | -29.1% |
| Operating Free Cash Flow | -$7.45M | -29.3% |
Valuation
QUARTERLYANNUAL
| Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YOY CHANGE | |
|---|---|---|---|---|---|
| Price to Earnings | – | – | – | – | – |
| Price to Book | 2.78 | 1.65 | 1.22 | 1.03 | -51.5% |
| Price to Sales | 59.95 | 25.83 | 14.67 | 5.61 | -87.7% |
| Price to Tangible Book Value | 2.83 | 1.68 | 1.25 | 1.09 | -49.7% |
| Price to Free Cash Flow TTM | – | – | – | – | – |
| Enterprise Value to EBITDA | -26.94 | -13.78 | -7.96 | -1.68 | -92.4% |
| Free Cash Flow Yield | – | – | – | – | – |
| Return on Equity | -68.3% | -47.1% | -124.4% | -124.5% | – |
| Total Debt | $3.50M | $3.59M | $5.52M | $5.95M | +20,891.2% |
NV5 Global Enters Oversold Territory
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Wednesday, shares of NV5 Global Inc (Symbol: NVEE) entered into oversold territory, hitting an RSI reading of 29.2, after changing hands as low as $127.10 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 44.1. A bullish investor could look at NVEE’s 29.2 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
