In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of New Era Helium Inc (NASDAQ: NEHC) was $4.90M for the day, up 1866438% from the previous closing price of $0.55. In other words, the price has increased by $1866438 from its previous closing price. On the day, 1.87 million shares were traded. NEHC stock price reached its highest trading level at $0.5511 during the session, while it also had its lowest trading level at $0.5147.
Ratios:
Our analysis of NEHC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51.
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 7665483 and an Enterprise Value of 13312496. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.04. Its current Enterprise Value per Revenue stands at 25.117 whereas that against EBITDA is -1.041.
Stock Price History:
The Beta on a monthly basis for NEHC is 0.19, which has changed by -0.95181817 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, NEHC has reached a high of $12.29, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -28.30%, while the 200-Day Moving Average is calculated to be -89.64%.
Shares Statistics:
NEHC traded an average of 4.90M shares per day over the past three months and 28132370 shares per day over the past ten days. A total of 13.95M shares are outstanding, with a floating share count of 6.21M. Insiders hold about 57.07% of the company’s shares, while institutions hold 2.14% stake in the company. Shares short for NEHC as of 1748563200 were 680454 with a Short Ratio of 0.14, compared to 1745971200 on 216438. Therefore, it implies a Short% of Shares Outstanding of 680454 and a Short% of Float of 5.9299998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
