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.
The closing price of NioCorp Developments Ltd (NASDAQ: NB) was $4.26 for the day, down -0.23% from the previous closing price of $4.27. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 1.69 million shares were traded. NB stock price reached its highest trading level at $4.4397 during the session, while it also had its lowest trading level at $4.16.
Ratios:
Our analysis of NB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 310212352 and an Enterprise Value of 237415040.
Stock Price History:
The Beta on a monthly basis for NB is -0.13, which has changed by 1.3732591 over the last 52 weeks, in comparison to a change of 0.18189907 over the same period for the S&P500. Over the past 52 weeks, NB has reached a high of $5.19, while it has fallen to a 52-week low of $1.27. The 50-Day Moving Average of the stock is 17.05%, while the 200-Day Moving Average is calculated to be 71.92%.
Shares Statistics:
NB traded an average of 3.23M shares per day over the past three months and 2899780 shares per day over the past ten days. A total of 72.65M shares are outstanding, with a floating share count of 67.58M. Insiders hold about 6.98% of the company’s shares, while institutions hold 24.87% stake in the company. Shares short for NB as of 1755216000 were 4907194 with a Short Ratio of 1.52, compared to 1752537600 on 4129790. Therefore, it implies a Short% of Shares Outstanding of 4907194 and a Short% of Float of 7.1100004.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.04 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.24 and -$0.32 for the fiscal current year, implying an average EPS of -$0.28. EPS for the following year is -$0.31, with 2.0 analysts recommending between -$0.25 and -$0.37.