Centennial Wealth Advisory LLC Invests $31,000 in NeoVolta Inc. (NASDAQ:NEOV)

Centennial Wealth Advisory LLC purchased a new stake in shares of NeoVolta Inc. (NASDAQ:NEOV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,100 shares of the company’s stock, valued at approximately $31,000.

Wall Street Analyst Weigh In

Separately, Maxim Group boosted their target price on NeoVolta from $4.25 to $4.75 and gave the stock a “buy” rating in a report on Tuesday, October 1st.

NeoVolta Stock Up 3.7 %

NeoVolta stock opened at $3.93 on Thursday. NeoVolta Inc. has a 12-month low of $0.63 and a 12-month high of $4.09. The stock has a 50-day simple moving average of $3.13 and a 200 day simple moving average of $2.79.

NeoVolta (NASDAQ:NEOV) last announced its earnings results on Friday, September 27th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). The company had revenue of $0.58 million for the quarter. NeoVolta had a negative net margin of 87.11% and a negative return on equity of 42.81%.

NeoVolta Profile

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.