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The closing price of Nouveau Monde Graphite Inc (NYSE: NMG) was $2.61 for the day, up 4.40% from the previous closing price of $2.5. In other words, the price has increased by $4.40 from its previous closing price. On the day, 0.67 million shares were traded. NMG stock price reached its highest trading level at $2.665 during the session, while it also had its lowest trading level at $2.53.
Ratios:
Our analysis of NMG’s different ratios will help us gain a deeper understanding of the company. 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 421426784 and an Enterprise Value of 355863616.
Stock Price History:
The Beta on a monthly basis for NMG is 0.69, which has changed by 0.5923567 over the last 52 weeks, in comparison to a change of 0.13153219 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 -11.36%, while the 200-Day Moving Average is calculated to be 20.91%.
Shares Statistics:
NMG traded an average of 942.16K shares per day over the past three months and 626500 shares per day over the past ten days. 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 1.20, compared to 1761868800 on 470541.
Earnings Estimates
. The current assessment of Nouveau Monde Graphite Inc (NMG) involves the perspectives of 1.0 analysts closely monitoring its market dynamics.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 -$0.22, with 3.0 analysts recommending between -$0.08 and -$0.31.
