NOVV Company Profile and Key Details

NASDAQ : NOVV

Nova Vision Acquisition

$37.00

N/A-

At Close 4:00 PM

Not Actively Trading

72.9

B+ESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Nova Vision Acquisition Corporation (NOVV) stock remained unchanged at -, trading at $37.00 on NASDAQ, unchanged from the previous close of -. The stock opened at -, fluctuating between $37.00 and $37.00 in the recent session.

Stock Snapshot

N/A

Prev. Close

73.19M

Market Cap

37.0001

Day Low

1850.005

P/E Ratio

0.02

EPS (TTM)

-0.17

Cash Flow per Share

N/A

Open

1.98M

Number of Shares

37.0001

Day High

90.16%

Free Float in %

4.48

Book Value

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close
Nov 27, 2024	37.00	37.00	37.00	37.00
Nov 26, 2024	37.00	37.00	37.00	37.00
Nov 25, 2024	37.00	37.00	37.00	37.00
Nov 22, 2024	37.00	37.00	37.00	37.00
Nov 21, 2024	37.00	37.00	37.00	37.00
Nov 20, 2024	37.00	37.00	37.00	37.00
Nov 19, 2024	37.00	37.00	37.00	37.00
Nov 18, 2024	37.00	37.00	37.00	37.00
Nov 15, 2024	37.00	37.00	37.00	37.00
Nov 14, 2024	37.00	37.00	37.00	37.00
Nov 13, 2024	37.00	37.00	37.00	37.00
Nov 12, 2024	37.00	37.00	37.00	37.00
Nov 11, 2024	37.00	37.00	37.00	37.00
Nov 08, 2024	37.00	37.00	37.00	37.00
Nov 07, 2024	37.00	37.00	37.00	37.00
Nov 06, 2024	37.00	37.00	37.00	37.00
Nov 05, 2024	37.00	37.00	37.00	37.00
Nov 04, 2024	37.00	37.00	37.00	37.00
Nov 01, 2024	37.00	37.00	37.00	37.00
Oct 31, 2024	37.00	37.00	37.00	37.00

Contact Details

Singapore, 098368

Singapore

https://www.novavisionacquisition.com 658 718 3000

About Company

Nova Vision Acquisition Corporation currently lacks significant business operations. Its primary objective is to finalize a business combination – such as a merger, share exchange, asset acquisition, recapitalization, or similar transaction – with one or more existing businesses or entities. The company's strategic focus is on identifying potential target companies within the proptech, fintech, consumertech, and supply chain management industries, as well as technology firms that support these or other sectors. Founded in 2021, this Singapore-based corporation was previously known as Lighthouse Acquisition.

Stock Peers

DWACU

10.08+19.66%

Digital World Acquisition Corp.$61.35 DWAC

13.01+35.22%

Digital World Acquisition Corp.$49.95 TENKU

6.4+17.02%

TenX Keane Acquisition Corp.$44.00 TENK

3+8.00%

TenX Keane Acquisition Ordinary Share$40.50 NOVVU

Nova Vision Acquisition Corporation$39.46 GATE

Marblegate Acquisition Corp.$36.05 GATEU

3.04+11.16%

Marblegate Acquisition Corp.$30.28 ASPAU

17.77+158.38%

Abri SPAC I, Inc.$28.99 WLACU

Willow Lane Acquisition Corp.$28.38 DIST

Distoken Acquisition Corporation$28.00

Company Overview

The stock is currently trading near its 52-week high $37.00 and $37.00. With a market capitalization of about $73.19 million, Nova Vision Acquisition Corporation is classified as a micro-cap and shows lower-than-market volatility (beta ~0.30). Headquartered in Singapore, None, Nova Vision Acquisition Corporation operates in the Financial Services sector and the Shell Companies industry. Led by CEO Ping Hang Wong, the company employs approximately 1 people and listed since October 01, 2021. Nova Vision Acquisition Corporation currently lacks significant business operations.

Technical Performance

Short-term trend indicators are bearishly aligned (SMA20 170.28%, SMA50 190.76%, SMA200 223.9%). The stock’s 14-day RSI is 95.37 (overbought), while the ATR of 3.38 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -33.07% below its high and over 233.33% above its low.

Valuation Metrics

Nova Vision Acquisition Corporation trades at a P/E ratio of 872.64, slightly above the S&P 500 average, with a price-to-sales ratio of 0.0 and a price-to-book ratio of 8.63 trading at moderately above to book value. The P/FCF stands at -162.69, also below market averages.

Dividend & Fair Value

Dividend and splits history remains an important factor for investors monitoring long-term returns.

Shareholding & Insider Activity

Nova Vision Acquisition Corporation has 1.98 million shares outstanding. The public float is 1.78 million shares, elevated short interest at 1.52% of float. This equals 27.94 thousand shares. The short ratio is 2.71 days.

Financial & Profitability Overview

Over the trailing twelve months, Nova Vision Acquisition generated $897.55K in revenue, or $0.26 per share. Gross margin was 100.00%, operating margin -83.64%, and net profit margin 16.36%. Returns are modest, with ROA at 0.82% and ROE at 0.99%.
On valuation metrics, Nova Vision Acquisition trades at a P/E of 872.64, P/S of 0.00 and P/B of 8.63. Liquidity is tight, with a current ratio of 0.05 and quick ratio of 0.05. Debt-to-equity is 0.13, supported by a cash flow-to-debt ratio of -0.23.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Nova Vision Acquisition posted revenue of $897.55K, down slightly from $638.02K in the prior quarter. Gross profit was $897.55K (margin 100.00%). Operating income was - $750.67K (margin -83.6%). Net income was$146.88K (EPS $0.04).
The company ended the quarter with $97.27K in cash and short-term investments, a total debt of $2.00M, and net debt of $1.90M. Total assets were $17.94M, with equity of $14.87M. Financials further reflected weakness, with operating cash flow of - $569.87K, free cash flow of - $569.87K, and capital expenditures of $0.00.

Price Forecast & Outlook

Our AI price prediction model suggests that Nova Vision Acquisition Corporation stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 23.89%, with price expected at $45.84 by December 11, 2024, within a range of $34.79 to $56.61 3-Month Outlook: Projected rise of 232.68%, reaching $123.09 by December 16, 2024, with a range of $119.90 to $128.28. 1-Year Outlook: Projected gain of 0.38%, with price at $37.14 by September 17, 2025, within a range of $36.65 to $37.52.

Key Takeaways

currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Nova Vision Acquisition Corporation trading at a premium to the broader market with a P/E of 872.64. Our AI forecast model points to short-term strength (23.89% over two weeks), a medium-term rise (232.68% over three months), and a longer-term gain (0.38% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current Nova Vision Acquisition Corporation (NOVV) stock price?

Nova Vision Acquisition Corporation (NASDAQ: NOVV) stock price is $37.00 in the last trading session. During the trading session, NOVV stock reached the peak price of $37.00 while $37.00 was the lowest point it dropped to. The percentage change in NOVV stock occurred in the recent session was N/A while the dollar amount for the price change in NOVV stock was -.

NOVV's industry and sector of operation?

The NASDAQ listed NOVV is part of Shell Companies industry that operates in the broader Financial Services sector. Nova Vision Acquisition Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of NOVV?

No Data

How NOVV did perform over past 52-week?

NOVV's closing price is 0% higher than its 52-week low of $37.00 where as its distance from 52-week high of $37.00 is 0%.

How many employees does NOVV have?

Number of NOVV employees currently stands at 1.

Link for NOVV official website?

Official Website of NOVV is: https://www.novavisionacquisition.com

How do I contact NOVV?

NOVV could be contacted at phone 658 718 3000 and can also be accessed through its website. NOVV operates from 3 Ocean Way, Singapore, 098368, Singapore.

How many shares of NOVV are traded daily?

NOVV stock volume for the day was 0 shares. The average number of NOVV shares traded daily for last 3 months was 0.

What is the market cap of NOVV currently?

The market value of NOVV currently stands at $73.19M with its latest stock price at $37.00 and 1.98M of its shares outstanding.

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Employees	1
Beta	0.3
Sales or Revenue	$897.55K
5Y Sales Change%	0%
Fiscal Year Ends	December
Sector	Financial Services
Industry	Shell Companies

NOVV Company Profile and Key Details

Nova Vision Acquisition

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Shareholding & Insider Activity

Dividend & Fair Value

Company Overview

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Valuation Metrics