Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $3.00 in the prior trading day, New Era Helium Inc (NASDAQ: NEHC) closed at $2.99, down -0.33%. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 0.26 million shares were traded. NEHC stock price reached its highest trading level at $3.17 during the session, while it also had its lowest trading level at $2.91.
Ratios:
Our goal is to gain a better understanding of NEHC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.04 and its Current Ratio is at 4.04. In the meantime, Its Debt-to-Equity ratio is 0.10 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, NEHC now has a Market Capitalization of 39363948.
Stock Price History:
Over the past 52 weeks, NEHC has reached a high of $12.29, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is -59.28%, while the 200-Day Moving Average is calculated to be -69.94%.
Shares Statistics:
The stock has traded on average 241.73K shares per day over the past 3-months and 373120 shares per day over the last 10 days, according to various share statistics. A total of 4.92M shares are outstanding, with a floating share count of 4.82M. Insiders hold about 63.38% of the company’s shares, while institutions hold 9.77% stake in the company.
