Is This Stock a Screaming Buy: Nova Measuring Instruments Ltd. (NASDAQ:NVMI)

Equity Research firms currently have a positive stance on shares of Nova Measuring Instruments Ltd. (NASDAQ:NVMI). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $14.00 on a short term basis.

At the time of writing, the stock was trading at $11.69. This represents a change from the opening price of -0.60%. In terms of performance, year to date, the stock is 20.00%. The monthly stock performance comes in at -1.26%. For the quarter, shares are performing at 6.43%. Weekly performance analysis shows the equity at -0.42%.

In taking a look at technical levels, shares are trading 0.00% away from the 50 day simple moving average and 7.10% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -4.63% away from it’s 52- week high and 36.41% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Nova Measuring Instruments Ltd.’s RSI stands at 46.29. In looking at volatility levels, the shares saw weekly volatility of 1.25% and 1.55% over the past month.

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