Nova (Israel) Today

NVMI Stock  ILA 66,000  60.00  0.09%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Nova is trading at 66000.00 as of the 25th of November 2024, a 0.09 percent increase since the beginning of the trading day. The stock's open price was 65940.0. Nova has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nova are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Nova Measuring Instruments Ltd. was founded in 1993 and is headquartered in Rehovot, Israel. The company has 28.59 M outstanding shares. More on Nova

Moving against Nova Stock

  0.57BEZQ Bezeq Israeli TelecoPairCorr
  0.46ISRA Isramco Negev 2PairCorr
  0.46GNRS Generation CapitalPairCorr
  0.39RATI Ratio Oil Explorations Earnings Call ShortlyPairCorr
  0.37LUMI Bank Leumi Le Earnings Call This WeekPairCorr
  0.31QLTU QualitauPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Nova Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nova's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nova or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOEitan Oppenhaim
Business ConcentrationSemiconductor Equipment & Materials, Technology (View all Sectors)
Nova (NVMI) is traded on Tel Aviv Stock Exchange in Israel and employs 819 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova's market, we take the total number of its shares issued and multiply it by Nova's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nova operates under Technology sector and is part of Semiconductor Equipment & Materials industry. The entity has 28.59 M outstanding shares. Nova has accumulated about 454.85 M in cash with 132.26 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.12.
Check Nova Probability Of Bankruptcy
Ownership Allocation
Nova maintains a total of 28.59 Million outstanding shares. The majority of Nova outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nova to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nova. Please pay attention to any change in the institutional holdings of Nova as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nova Ownership Details

Nova Risk Profiles

Although Nova's alpha and beta are two of the key measurements used to evaluate Nova's performance over the market, the standard measures of volatility play an important role as well.

Nova Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nova without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

Nova Corporate Directors

Avi CohenIndependent DirectorProfile
Miron KennethIndependent DirectorProfile
Raanan CohenIndependent DirectorProfile
Dafna GruberIndependent & External DirectorProfile

Additional Information and Resources on Investing in Nova Stock

When determining whether Nova offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nova's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nova Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nova Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Nova Stock refer to our How to Trade Nova Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Please note, there is a significant difference between Nova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.