Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, NioCorp Developments Ltd (NASDAQ: NB) closed at $4.55 up 2.25% from its previous closing price of $4.45. In other words, the price has increased by $2.25 from its previous closing price. On the day, 4.78 million shares were traded. NB stock price reached its highest trading level at $4.84 during the session, while it also had its lowest trading level at $4.07.
Ratios:
For a deeper understanding of NioCorp Developments Ltd’s stock, let’s take a closer look at its various ratios. 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 330554304 and an Enterprise Value of 253570688.
Stock Price History:
The Beta on a monthly basis for NB is -0.17, which has changed by 1.5277777 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, NB has reached a high of $5.09, while it has fallen to a 52-week low of $1.27. The 50-Day Moving Average of the stock is 50.33%, while the 200-Day Moving Average is calculated to be 104.03%.
Shares Statistics:
For the past three months, NB has traded an average of 2.41M shares per day and 7641100 over the past ten days. A total of 72.65M shares are outstanding, with a floating share count of 67.86M. Insiders hold about 6.60% of the company’s shares, while institutions hold 15.07% stake in the company. Shares short for NB as of 1753920000 were 4224806 with a Short Ratio of 1.75, compared to 1751241600 on 3040732. Therefore, it implies a Short% of Shares Outstanding of 4224806 and a Short% of Float of 6.12.
Earnings Estimates
The current assessment of NioCorp Developments Ltd (NB) involves the perspectives of 1 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.24 and -$0.3 for the fiscal current year, implying an average EPS of -$0.27. EPS for the following year is -$0.33, with 2.0 analysts recommending between -$0.29 and -$0.37.
