Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
NioCorp Developments Ltd (NASDAQ: NB) closed the day trading at $7.59 down -0.52% from the previous closing price of $7.63. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 5.81 million shares were traded. NB stock price reached its highest trading level at $7.81 during the session, while it also had its lowest trading level at $7.26.
Ratios:
For a better understanding of NB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.12 and its Current Ratio is at 14.12. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NB now has a Market Capitalization of 851185664 and an Enterprise Value of 565591296.
Stock Price History:
The Beta on a monthly basis for NB is -0.06, which has changed by 3.1703296 over the last 52 weeks, in comparison to a change of 0.20772064 over the same period for the S&P500. Over the past 52 weeks, NB has reached a high of $12.58, while it has fallen to a 52-week low of $1.27. The 50-Day Moving Average of the stock is 14.26%, while the 200-Day Moving Average is calculated to be 111.81%.
Shares Statistics:
Over the past 3-months, NB traded about 8.25M shares per day on average, while over the past 10 days, NB traded about 11694940 shares per day. A total of 112.15M shares are outstanding, with a floating share count of 104.47M. Insiders hold about 6.85% of the company’s shares, while institutions hold 16.38% stake in the company. Shares short for NB as of 1760486400 were 11038030 with a Short Ratio of 1.34, compared to 1757894400 on 5693400. Therefore, it implies a Short% of Shares Outstanding of 11038030 and a Short% of Float of 10.3599995.
Earnings Estimates
The market rating of NioCorp Developments Ltd (NB) is currently shaped by the ongoing analysis conducted by 1 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.66 and -$0.66 for the fiscal current year, implying an average EPS of -$0.66. EPS for the following year is -$0.38, with 1.0 analysts recommending between -$0.38 and -$0.38.
