The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Nouveau Monde Graphite Inc (NYSE: NMG) closed at $2.51 down -1.95% from its previous closing price of $2.56. In other words, the price has decreased by -$1.95 from its previous closing price. On the day, 0.55 million shares were traded. NMG stock price reached its highest trading level at $2.5435 during the session, while it also had its lowest trading level at $2.43.
Ratios:
For a deeper understanding of Nouveau Monde Graphite Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
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 382594816 and an Enterprise Value of 340620800.
Stock Price History:
The Beta on a monthly basis for NMG is 0.82, which has changed by 0.97637796 over the last 52 weeks, in comparison to a change of 0.1028198 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 -12.06%, while the 200-Day Moving Average is calculated to be 22.64%.
Shares Statistics:
For the past three months, NMG has traded an average of 786.87K shares per day and 769290 over the past ten days. A total of 152.40M shares are outstanding, with a floating share count of 78.54M. Insiders hold about 48.76% of the company’s shares, while institutions hold 2.13% stake in the company. Shares short for NMG as of 1761868800 were 470541 with a Short Ratio of 0.60, compared to 1759190400 on 229949.
Earnings Estimates
Currently, 1.0 analysts are dedicated to thoroughly evaluating and rating the performance of Nouveau Monde Graphite Inc (NMG) in the stock market.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 -$0.8 and -$0.82 for the fiscal current year, implying an average EPS of -$0.81. EPS for the following year is -$0.22, with 2.0 analysts recommending between -$0.14 and -$0.31.
