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.
Nabors Energy Transition Corp. II (NASDAQ: NETD) closed the day trading at $11.09 down -0.09% from the previous closing price of $11.10. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 53580.0 shares were traded. NETD stock price reached its highest trading level at $11.1199 during the session, while it also had its lowest trading level at $11.09.
Ratios:
For a better understanding of NETD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.96 and its Current Ratio is at 2.96. In the meantime, Its Debt-to-Equity ratio is 0.01 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, NETD now has a Market Capitalization of 423187744 and an Enterprise Value of 424396448. As of this moment, Nabors’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.81.
Stock Price History:
The Beta on a monthly basis for NETD is -0.02, which has changed by 0.051683307 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, NETD has reached a high of $11.11, while it has fallen to a 52-week low of $10.53. The 50-Day Moving Average of the stock is 0.54%, while the 200-Day Moving Average is calculated to be 2.28%.
Shares Statistics:
Over the past 3-months, NETD traded about 222.81K shares per day on average, while over the past 10 days, NETD traded about 359300 shares per day. A total of 30.50M shares are outstanding, with a floating share count of 30.50M. Insiders hold about 20.00% of the company’s shares, while institutions hold 82.93% stake in the company. Shares short for NETD as of 1748563200 were 18705 with a Short Ratio of 0.08, compared to 1745971200 on 55213. Therefore, it implies a Short% of Shares Outstanding of 18705 and a Short% of Float of 0.08.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
