company background image
NEOV logo

NeoVolta NasdaqCM:NEOV Stock Report

Last Price

US$2.47

Market Cap

US$84.1m

7D

-0.2%

1Y

-19.7%

Updated

04 Jun, 2024

Data

Company Financials +

NeoVolta Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NeoVolta
Historical stock prices
Current Share PriceUS$2.47
52 Week HighUS$4.40
52 Week LowUS$0.63
Beta-0.70
1 Month Change2.92%
3 Month Change139.81%
1 Year Change-19.67%
3 Year Change-64.12%
5 Year Changen/a
Change since IPO91.47%

Recent News & Updates

Recent updates

Companies Like NeoVolta (NASDAQ:NEOV) Are In A Position To Invest In Growth

Jul 29
Companies Like NeoVolta (NASDAQ:NEOV) Are In A Position To Invest In Growth

Here's Why We're Not Too Worried About NeoVolta's (NASDAQ:NEOV) Cash Burn Situation

Apr 27
Here's Why We're Not Too Worried About NeoVolta's (NASDAQ:NEOV) Cash Burn Situation

We're Hopeful That NeoVolta (NASDAQ:NEOV) Will Use Its Cash Wisely

Dec 31
We're Hopeful That NeoVolta (NASDAQ:NEOV) Will Use Its Cash Wisely

NeoVolta Energy Storage Systems eligible for 30% in tax credits

Aug 23

Shareholder Returns

NEOVUS ElectricalUS Market
7D-0.2%-5.8%-0.6%
1Y-19.7%23.1%21.7%

Return vs Industry: NEOV underperformed the US Electrical industry which returned 28.2% over the past year.

Return vs Market: NEOV underperformed the US Market which returned 22.4% over the past year.

Price Volatility

Is NEOV's price volatile compared to industry and market?
NEOV volatility
NEOV Average Weekly Movement20.6%
Electrical Industry Average Movement10.2%
Market Average Movement5.8%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

Stable Share Price: NEOV's share price has been volatile over the past 3 months.

Volatility Over Time: NEOV's weekly volatility has increased from 14% to 21% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20187Henry Johnsonwww.neovolta.com

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.

NeoVolta Inc. Fundamentals Summary

How do NeoVolta's earnings and revenue compare to its market cap?
NEOV fundamental statistics
Market capUS$84.09m
Earnings (TTM)-US$1.90m
Revenue (TTM)US$2.79m

29.4x

P/S Ratio

-43.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEOV income statement (TTM)
RevenueUS$2.79m
Cost of RevenueUS$2.04m
Gross ProfitUS$749.61k
Other ExpensesUS$2.64m
Earnings-US$1.90m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.057
Gross Margin26.89%
Net Profit Margin-67.98%
Debt/Equity Ratio0%

How did NEOV perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.