NowVertical Group (CVE:NOW) Shares Down 1.9% – Here’s What Happened

Shares of NowVertical Group Inc. (CVE:NOW) dropped 1.9% during trading on Thursday . The company traded as low as C$0.25 and last traded at C$0.26. Approximately 117,011 shares traded hands during trading, a decline of 7% from the average daily volume of 126,246 shares. The stock had previously closed at C$0.27.

Wall Street Analyst Weigh In

Separately, Cormark upgraded NowVertical Group to a “moderate buy” rating in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

NowVertical Group Price Performance

The stock has a market cap of C$23.96 million, a PE ratio of -24.50 and a beta of 3.82. The business has a fifty day moving average of C$0.28 and a 200 day moving average of C$0.32.

NowVertical Group Company Profile

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.