NovaTide Flexible Allocation ETF (NYSEARCA:NMBL) Sets New 12-Month High – Still a Buy?

NovaTide Flexible Allocation ETF (NYSEARCA:NMBLGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $21.19 and last traded at $21.08, with a volume of 14190 shares. The stock had previously closed at $20.82.

NovaTide Flexible Allocation ETF Stock Performance

The firm’s fifty day simple moving average is $20.04 and its 200 day simple moving average is $19.46. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of -11.46 and a beta of 1.70.

About NovaTide Flexible Allocation ETF

(Get Free Report)

Nimble Storage, Inc (Nimble Storage) focuses on providing its end-customers with data. The Company’s Predictive Cloud Platform combines predictive analytics, flash storage and multicloud infrastructure to manage operations in on-premises data centers and in the cloud. Its products allow end-customers to deploy workloads flexibly on flash arrays, converged infrastructure and the public cloud. Its operating system includes NimbleOS. NimbleOS runs across all of its All Flash and Adaptive Flash (Hybrid) arrays and powers Nimble Cloud Volumes.

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