2 weeks Ago By Defense World Staff
Nova Vision Acquisition ( NASDAQ:NOVV – Get Free Report ) is one of 669 publicly-traded companies in the “Holding & other investment offices” industry, but how does it weigh in compared to its peers? We will compare Nova Vision Acquisition to related companies based on the strength of its valuation, profitability, risk, dividends, analyst recommendations, institutional ownership and earnings. Insider & Institutional Ownership 37.4% of Nova Vision Acquisition shares are owned by institutional investors.
Comparatively, 53.8% of shares of all “Holding & other investment offices” companies are owned by institutional investors. 43.
3% of Nova Vision Acquisition shares are owned by company insiders. Comparatively, 25.9% of shares of all “Holding & other investment offices” companies are owned by company insiders.
Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term. Analyst Ratings This is a breakdown of recent ratings and price targets for Nova Vision Acquisition and its peers, as reported by MarketBeat. Earnings & Valuation This table compares Nova Vision Acquisition and its peers revenue, earnings per share and valuation.
Nova Vision Acquisition’s peers have higher revenue and earnings than Nova Vision Acquisition. Nova Vision Acquisition is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry. Profitability This table compares Nova Vision Acquisition and its peers’ net margins, return on equity and return on assets.
Risk and Volatility Nova Vision Acquisition has a beta of -0.01, meaning that its stock price is 101% less volatile than the S&P 500. Comparatively, Nova Vision Acquisition’s peers have a beta of 0.
03, meaning that their average stock price is 97% less volatile than the S&P 500. About Nova Vision Acquisition ( Get Free Report ) Nova Vision Acquisition Corporation does not have significant operations. The company intends to effect into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities.
It focuses on sourcing opportunities that are in the PropTech, FinTech, ConsumerTech, supply chain management industries, or technology companies that serve these or other sectors. The company was formerly known as Lighthouse Acquisition. Nova Vision Acquisition Corporation was incorporated in 2021 and is based in Singapore.
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