Novus Acquisition & Development (OTCPK:NDEV) - Stock Price, News & Analysis

NDEV Stock Overview

Through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental vision, hearing, and telemedicine; and THC health plans. More details

NDEV fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Latest financial reports are more than a year old

Does not have a meaningful market cap ($9M)

Highly volatile share price over the past 3 months compared to the US market

Shareholders have been diluted in the past year

Novus Acquisition & Development Corp. Competitors

UTG

OTCPK:UTGN

US$85.5m

Midwest Holding

NasdaqCM:MDWT

US$101.1m

Pekin Life Insurance

OTCPK:PKIN

US$196.6m

Citizens

NYSE:CIA

US$228.1m

Price History & Performance

Summary of all time highs, changes and price drops for Novus Acquisition & Development
Historical stock prices
Current Share Price	US$0.091
52 Week High	US$0.13
52 Week Low	US$0.011
Beta	0
11 Month Change	12.50%
3 Month Change	56.30%
1 Year Change	341.28%
33 Year Change	160.36%
5 Year Change	102.50%
Change since IPO	-99.98%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	NDEV	US Insurance	US Market
7D	7.2%	0.4%	-2.1%
1Y	341.3%	32.5%	29.7%

Return vs Industry: NDEV exceeded the US Insurance industry which returned 32.5% over the past year.

Return vs Market: NDEV exceeded the US Market which returned 29.6% over the past year.

Price Volatility

Is NDEV's price volatile compared to industry and market?
NDEV volatility
NDEV Average Weekly Movement	20.8%
Insurance Industry Average Movement	4.2%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NDEV's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: NDEV's weekly volatility has decreased from 34% to 21% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1996	n/a	Gary Labrozzi	www.getnovusnow.com

Novus Acquisition & Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental vision, hearing, and telemedicine; and THC health plans. The company was formerly known as BrandQuest Development Group, Inc. and changed its name to Novus Acquisition & Development Corp. in April 2009. Novus Acquisition & Development Corp. was incorporated in 1996 and is based in Miami, Florida.

Novus Acquisition & Development Corp. Fundamentals Summary

How do Novus Acquisition & Development's earnings and revenue compare to its market cap?
NDEV fundamental statistics
Market cap	US$9.50m
Earnings (TTM)	US$95.51k
Revenue (TTM)	US$266.43k

0.0x

P/E Ratio

0.0x

P/S Ratio

Is NDEV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NDEV income statement (TTM)
Revenue	US$266.43k
Cost of Revenue	US$64.71k
Gross Profit	US$201.72k
Other Expenses	US$106.21k
Earnings	US$95.51k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did NDEV perform over the long term?

See historical performance and comparison