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 closing price of New Era Helium Inc (NASDAQ: NEHC) was $0.60 for the day, down -1.85% from the previous closing price of $0.62. In other words, the price has decreased by -$1.85 from its previous closing price. On the day, 0.42 million shares were traded. NEHC stock price reached its highest trading level at $0.6205 during the session, while it also had its lowest trading level at $0.53.
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 8736567 and an Enterprise Value of 14383576. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.14. Its current Enterprise Value per Revenue stands at 27.138 whereas that against EBITDA is -1.124.
Stock Price History:
The Beta on a monthly basis for NEHC is 0.30, which has changed by -0.94494075 over the last 52 weeks, in comparison to a change of 0.09362543 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 $0.60. The 50-Day Moving Average of the stock is -44.31%, while the 200-Day Moving Average is calculated to be -90.00%.
Shares Statistics:
NEHC traded an average of 198.75K shares per day over the past three months and 259370 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 1745971200 were 216438 with a Short Ratio of 1.09, compared to 1743379200 on 184565. Therefore, it implies a Short% of Shares Outstanding of 216438 and a Short% of Float of 1.9800000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
