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.
In the latest session, NioCorp Developments Ltd (NASDAQ: NB) closed at $5.22 down -2.79% from its previous closing price of $5.37. In other words, the price has decreased by -$2.79 from its previous closing price. On the day, 2.78 million shares were traded. NB stock price reached its highest trading level at $5.44 during the session, while it also had its lowest trading level at $5.2.
Ratios:
For a deeper understanding of NioCorp Developments Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 41.13 and its Current Ratio is at 41.13. 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 623062976 and an Enterprise Value of 460348000.
Stock Price History:
The Beta on a monthly basis for NB is -0.04, which has changed by 2.5328948 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, NB has reached a high of $12.58, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is -17.91%, while the 200-Day Moving Average is calculated to be 18.43%.
Shares Statistics:
For the past three months, NB has traded an average of 7.96M shares per day and 3303530 over the past ten days. A total of 119.36M shares are outstanding, with a floating share count of 116.02M. Insiders hold about 2.80% of the company’s shares, while institutions hold 28.07% stake in the company. Shares short for NB as of 1765756800 were 6874732 with a Short Ratio of 0.86, compared to 1763078400 on 8939546. Therefore, it implies a Short% of Shares Outstanding of 6874732 and a Short% of Float of 6.0500003.
Earnings Estimates
The performance of NioCorp Developments Ltd (NB) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.61 and -$0.71 for the fiscal current year, implying an average EPS of -$0.66. EPS for the following year is -$0.35, with 1.0 analysts recommending between -$0.35 and -$0.35.
