Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of New Era Energy & Digital Inc (NASDAQ: NUAI) was $2.37 for the day, down -11.90% from the previous closing price of $2.69. In other words, the price has decreased by -$11.90 from its previous closing price. On the day, 16.0 million shares were traded. NUAI stock price reached its highest trading level at $2.8091 during the session, while it also had its lowest trading level at $2.01.
Ratios:
Our analysis of NUAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.29 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, NUAI now has a Market Capitalization of 126674528 and an Enterprise Value of 116237608. For the stock, the TTM Price-to-Sale (P/S) ratio is 150.80 while its Price-to-Book (P/B) ratio in mrq is 9.70. Its current Enterprise Value per Revenue stands at 137.881 whereas that against EBITDA is -7.283.
Stock Price History:
The Beta on a monthly basis for NUAI is 1.22, which has changed by -0.44989777 over the last 52 weeks, in comparison to a change of 0.17673707 over the same period for the S&P500. Over the past 52 weeks, NUAI has reached a high of $7.87, while it has fallen to a 52-week low of $0.32. The 50-Day Moving Average of the stock is -47.18%, while the 200-Day Moving Average is calculated to be 32.49%.
Shares Statistics:
NUAI traded an average of 16.45M shares per day over the past three months and 6362710 shares per day over the past ten days. A total of 52.95M shares are outstanding, with a floating share count of 47.31M. Insiders hold about 11.48% of the company’s shares, while institutions hold 3.83% stake in the company. Shares short for NUAI as of 1765756800 were 8965612 with a Short Ratio of 0.55, compared to 1763078400 on 5822306. Therefore, it implies a Short% of Shares Outstanding of 8965612 and a Short% of Float of 17.419999999999998.
