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.
The price of NioCorp Developments Ltd (NASDAQ: NB) closed at $4.37 in the last session, up 0.46% from day before closing price of $4.35. In other words, the price has increased by $0.46 from its previous closing price. On the day, 2.51 million shares were traded. NB stock price reached its highest trading level at $4.41 during the session, while it also had its lowest trading level at $4.09.
Ratios:
We take a closer look at NB’s different ratios to gain a better understanding of the stock. 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 317477408 and an Enterprise Value of 243543040.
Stock Price History:
The Beta on a monthly basis for NB is -0.12, which has changed by 0.97291195 over the last 52 weeks, in comparison to a change of 0.15222645 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 37.37%, while the 200-Day Moving Average is calculated to be 91.41%.
Shares Statistics:
According to the various share statistics, NB traded on average about 2.65M shares per day over the past 3-months and 7469320 shares per day over the past 10 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 24.01% stake in the company. Shares short for NB as of 1753920000 were 4224806 with a Short Ratio of 1.59, 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 company has 1 analysts who recommend its stock at the moment. 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.
