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NASDAQ: NOVT
Novanta (NOVT) stock, explained like you're 5
Novanta trades on the Nasdaq under the ticker NOVT. It is a mid cap company in the industrial machinery/components industry, part of the sector, with a market value of about 5.3 billion dollars.
- Ticker
- NOVT
- Exchange
- Nasdaq
- Industry
- Industrial Machinery/Components
- Size
- Mid cap, about 5.3 billion dollars
Is Novanta a small, medium or large cap company?
No. Novanta is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 5.3 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Novanta makes money
- Selling products or services to its customers.
- Growing sales while controlling costs.
- Returning extra cash to shareholders in some cases.
What moves NOVT stock
- Quarterly results compared with what analysts expected.
- News about its products, customers and competition.
- Interest rates and the overall mood of the market.
In the news lately
- Novanta Inc. (NOVT) Stock Price, News, Quote & History (Yahoo! Finance Canada)
- Novanta Inc. (NOVT) stock price, news, quote and history (Yahoo Finance UK)
- Quality Stock Check: Novanta Inc NOVT 6 1/2 11/01/28 (NASDAQ:NOVTU) (ChartMill)
- Novanta (NOVT) Could Be 31% Below Fair Value On Its Medical Growth Story (Simply Wall Street)
- Novanta Inc (NOVT) Stock Down 4.5% Now Undervalued? GF Score: 89/100 (GuruFocus)
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Questions about Novanta stock
What does Novanta do?
Novanta trades on the Nasdaq under the ticker NOVT. It is a mid cap company in the industrial machinery/components industry, part of the sector, with a market value of about 5.3 billion dollars.
What is the ticker symbol for Novanta?
Novanta trades under the ticker NOVT on the Nasdaq.
What is Novanta's market cap?
Novanta is a mid cap stock with a market cap of about 5.3 billion dollars.
How does Novanta make money?
Selling products or services to its customers. Growing sales while controlling costs. Returning extra cash to shareholders in some cases.
What moves NOVT stock?
Quarterly results compared with what analysts expected. News about its products, customers and competition. Interest rates and the overall mood of the market.
How can I follow NOVT stock every day?
Add NOVT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.