Analyzing Ratios: New Era Helium Inc (NEHC)’s Financial Story Unveiled

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The price of New Era Helium Inc (NASDAQ: NEHC) closed at $0.43 in the last session, down -2.95% from day before closing price of $0.44. In other words, the price has decreased by -$2.95 from its previous closing price. On the day, 0.8 million shares were traded. NEHC stock price reached its highest trading level at $0.4677 during the session, while it also had its lowest trading level at $0.42.

Ratios:

We take a closer look at NEHC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEHC now has a Market Capitalization of 6236890 and an Enterprise Value of 12768272. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.98. Its current Enterprise Value per Revenue stands at 24.09 whereas that against EBITDA is -0.998.

Stock Price History:

The Beta on a monthly basis for NEHC is 0.19, which has changed by -0.9608893 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, NEHC has reached a high of $12.29, while it has fallen to a 52-week low of $0.42. The 50-Day Moving Average of the stock is -29.96%, while the 200-Day Moving Average is calculated to be -90.14%.

Shares Statistics:

According to the various share statistics, NEHC traded on average about 5.46M shares per day over the past 3-months and 1964730 shares per day over the past 10 days. A total of 13.95M shares are outstanding, with a floating share count of 6.21M. Insiders hold about 57.07% of the company’s shares, while institutions hold 2.14% stake in the company. Shares short for NEHC as of 1749772800 were 2308431 with a Short Ratio of 0.04, compared to 1747267200 on 255207. Therefore, it implies a Short% of Shares Outstanding of 2308431 and a Short% of Float of 20.11.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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