NovoCure Ltd Shares Close the Week 24.3% Lower - Weekly Wrap

The company saw its shares close the week 24.3% lower than last week, with trading volume higher than its 30 day average.

May 13, 2022 by Kwhen Finance Editors

NovoCure Ltd Shares Close the Week 24.3% Lower - Weekly Wrap
NovoCure Ltd (NVCR) shares closed this week 24.3% lower than it did at the end of last week. The stock is currently down 19.1% year-to-date, down 66.2% over the past 12 months, and up 414.7% over the past five years. This week, the Dow Jones Industrial Average fell 3.8%, and the S&P 500 fell 5.2%.

Trading Activity

  • Shares traded as high as $79.78 and as low as $56.51 this week.
  • Shares closed 72.0% below its 52-week high and 15.4% above its 52-week low.
  • Trading volume this week was 9.5% lower than the 10-day average and 8.6% higher than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.7.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $21 million in earnings before interest and taxes from $544 million in revenue. It currently holds $899 million in cash and $116 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 1.5661174540029306 is higher than its current P/E ratio of -107.91, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 22.13. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 2.76 which means it currently has $2.76 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 35.02. This means that the stock is trading at a premium of 35 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 25.53.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 24.91.

P/E

-107.91

EBITDA

$21M

P/Book

35.02

Mkt Cap

$6B

P/Sales

25.53

Revenue

$544M

EPS (TTM)

-0.57

PEG Ratio

22.13

EV/Revenue

24.91

Total Cash

$899M

Debt/Equity

2.76

Forward P/E

1.57

Current Debt

$116M

Gross Profit

$433M

Dividend Date

-

Earnings Date

2022-07-28

Profit Margin

-0.01

Revenue/Share

5.26

Total Revenue

$544M

Enterprise Val

$13B

Put/Call Ratio

1.00

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and beats it on a 5-year basis
  • The company share price lags the performance of its peers in the Health Care industry sector this week, lags it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
NovoCure Ltd7.4-19.1-66.2-73.68.6
Dow Jones Industrial Average1.4-12.1-3.8-12.92.5
S&P 500 Index2.4-17.1-2.0-17.13.0
Health Care1.0-11.72.5-13.61.2

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by -12.9%
  • The company's stock price performance over the past 12 months lags the peer average by 405.5%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
NovoCure LtdNVCR-107.9-19.1-66.2-73.68.6
Peer AvgN/A32.4-21.9-13.1-33.516.4
Neurocrine Biosciences, Inc.NBIX110.9-2.7-10.1-22.516.5
Maravai LifeSciences Holdings Inc - Class AMRVI18.8-23.0-10.8-48.042.7
MeiraGTx Holdings plcMGTX0-62.0-31.5-63.66.5

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