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.
As of close of business last night, NioCorp Developments Ltd’s stock clocked out at $6.36, down -6.61% from its previous closing price of $6.81. In other words, the price has decreased by -$6.61 from its previous closing price. On the day, 6.5 million shares were traded. NB stock price reached its highest trading level at $6.7198 during the session, while it also had its lowest trading level at $6.25.
Ratios:
To gain a deeper understanding of NB’s stock, we examine its different 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 759134272 and an Enterprise Value of 596419200.
Stock Price History:
The Beta on a monthly basis for NB is -0.05, which has changed by 3.2037039 over the last 52 weeks, in comparison to a change of 0.15507638 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 $1.52. The 50-Day Moving Average of the stock is 5.67%, while the 200-Day Moving Average is calculated to be 36.80%.
Shares Statistics:
It appears that NB traded 6.06M shares on average per day over the past three months and 4483260 shares per day 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 28.52% stake in the company. Shares short for NB as of 1767139200 were 8876407 with a Short Ratio of 1.47, compared to 1764288000 on 7147597. Therefore, it implies a Short% of Shares Outstanding of 8876407 and a Short% of Float of 7.8099996.
Earnings Estimates
The market rating for NioCorp Developments Ltd (NB) is a result of the insights provided by 1.0 analysts actively involved in the assessment.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 -$0.5 and -$0.68 for the fiscal current year, implying an average EPS of -$0.6. EPS for the following year is -$0.32, with 2.0 analysts recommending between -$0.3 and -$0.35.
