In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of New Era Helium Inc (NASDAQ: NEHC) was $0.51 for the day, up 2.38% from the previous closing price of $0.5. In other words, the price has increased by $2.38 from its previous closing price. On the day, 1.25 million shares were traded. NEHC stock price reached its highest trading level at $0.5261 during the session, while it also had its lowest trading level at $0.4718.
Ratios:
Our analysis of NEHC’s different ratios will help us gain a deeper understanding of the company. 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 13822240 and an Enterprise Value of 12814589. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.91. Its current Enterprise Value per Revenue stands at 24.177 whereas that against EBITDA is -1.002.
Stock Price History:
The Beta on a monthly basis for NEHC is 0.20, which has changed by -0.95420057 over the last 52 weeks, in comparison to a change of 0.16260707 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 -8.60%, while the 200-Day Moving Average is calculated to be -87.33%.
Shares Statistics:
NEHC traded an average of 5.48M shares per day over the past three months and 1096820 shares per day over the past ten days. A total of 13.95M shares are outstanding, with a floating share count of 5.58M. Insiders hold about 57.07% of the company’s shares, while institutions hold 2.38% stake in the company. Shares short for NEHC as of 1751241600 were 233558 with a Short Ratio of 0.04, compared to 1748563200 on 680454. Therefore, it implies a Short% of Shares Outstanding of 233558 and a Short% of Float of 2.0299999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
