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As of close of business last night, Nouveau Monde Graphite Inc’s stock clocked out at $3.91, down -16.63% from its previous closing price of $4.69. In other words, the price has decreased by -$16.63 from its previous closing price. On the day, 3.03 million shares were traded. NMG stock price reached its highest trading level at $4.75 during the session, while it also had its lowest trading level at $3.62.
Ratios:
To gain a deeper understanding of NMG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on February 08, 2023, initiated with a Buy rating and assigned the stock a target price of $17.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NMG now has a Market Capitalization of 595886784 and an Enterprise Value of 541039744.
Stock Price History:
The Beta on a monthly basis for NMG is 1.38, which has changed by 1.8424242 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, NMG has reached a high of $6.06, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 63.73%, while the 200-Day Moving Average is calculated to be 101.50%.
Shares Statistics:
It appears that NMG traded 438.17K shares on average per day over the past three months and 2080830 shares per day over the past ten days. A total of 152.26M shares are outstanding, with a floating share count of 36.25M. Insiders hold about 76.19% of the company’s shares, while institutions hold 1.90% stake in the company. Shares short for NMG as of 1759190400 were 229949 with a Short Ratio of 0.52, compared to 1756425600 on 159992.
Earnings Estimates
. The current rating of Nouveau Monde Graphite Inc (NMG) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.36 and -$0.46 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is -$0.2, with 2.0 analysts recommending between -$0.1 and -$0.3.
