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Nouveau Monde Graphite Inc (NYSE: NMG) closed the day trading at $2.53 down -17.32% from the previous closing price of $3.06. In other words, the price has decreased by -$17.32 from its previous closing price. On the day, 1.99 million shares were traded. NMG stock price reached its highest trading level at $2.77 during the session, while it also had its lowest trading level at $2.51.
Ratios:
For a better understanding of NMG, let’s look at its different 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 389329216 and an Enterprise Value of 343669344.
Stock Price History:
The Beta on a monthly basis for NMG is 0.66, which has changed by 1.1398602 over the last 52 weeks, in comparison to a change of 0.13329959 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 $1.30. The 50-Day Moving Average of the stock is -15.08%, while the 200-Day Moving Average is calculated to be 17.74%.
Shares Statistics:
Over the past 3-months, NMG traded about 903.30K shares per day on average, while over the past 10 days, NMG traded about 406680 shares per day. A total of 152.40M shares are outstanding, with a floating share count of 78.88M. Insiders hold about 48.24% of the company’s shares, while institutions hold 2.14% stake in the company. Shares short for NMG as of 1764288000 were 1126397 with a Short Ratio of 1.25, compared to 1761868800 on 470541.
Earnings Estimates
. The current market rating for Nouveau Monde Graphite Inc (NMG) reflects the collective analysis of 1.0 analysts closely monitoring its 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 -$0.8 and -$0.83 for the fiscal current year, implying an average EPS of -$0.82. EPS for the following year is -$0.24, with 3.0 analysts recommending between -$0.14 and -$0.31.
