Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, NioCorp Developments Ltd (NASDAQ: NB) closed at $6.53 down -11.40% from its previous closing price of $7.37. In other words, the price has decreased by -$11.40 from its previous closing price. On the day, 7.79 million shares were traded. NB stock price reached its highest trading level at $7.37 during the session, while it also had its lowest trading level at $6.4635.
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 14.12 and its Current Ratio is at 14.12. 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 732311232 and an Enterprise Value of 483168800.
Stock Price History:
The Beta on a monthly basis for NB is -0.07, which has changed by 4.065292 over the last 52 weeks, in comparison to a change of 0.18286073 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 $1.27. The 50-Day Moving Average of the stock is -4.44%, while the 200-Day Moving Average is calculated to be 77.97%.
Shares Statistics:
For the past three months, NB has traded an average of 8.47M shares per day and 9996780 over the past ten days. A total of 112.15M shares are outstanding, with a floating share count of 104.47M. Insiders hold about 6.85% of the company’s shares, while institutions hold 16.35% stake in the company. Shares short for NB as of 1760486400 were 11038030 with a Short Ratio of 1.30, compared to 1757894400 on 5693400. Therefore, it implies a Short% of Shares Outstanding of 11038030 and a Short% of Float of 10.3599995.
Earnings Estimates
The dynamic stock of NioCorp Developments Ltd (NB) is currently being evaluated by a team of 1 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.66 and -$0.66 for the fiscal current year, implying an average EPS of -$0.66. EPS for the following year is -$0.38, with 1.0 analysts recommending between -$0.38 and -$0.38.
