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.
After finishing at $0.44 in the prior trading day, New Era Helium Inc (NASDAQ: NEHC) closed at $0.43, down -3.71%. In other words, the price has decreased by -$3.71 from its previous closing price. On the day, 0.57 million shares were traded. NEHC stock price reached its highest trading level at $0.4544 during the session, while it also had its lowest trading level at $0.4204.
Ratios:
Our goal is to gain a better understanding of NEHC by taking a closer look at its different ratios. 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 6194915 and an Enterprise Value of 12768272. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.14. Its current Enterprise Value per Revenue stands at 24.09 whereas that against EBITDA is -0.998.
Stock Price History:
The Beta on a monthly basis for NEHC is 0.20, which has changed by -0.9611967 over the last 52 weeks, in comparison to a change of 0.12677538 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 $0.43. The 50-Day Moving Average of the stock is -35.46%, while the 200-Day Moving Average is calculated to be -90.77%.
Shares Statistics:
The stock has traded on average 5.33M shares per day over the past 3-months and 2537530 shares per day over the last 10 days, according to various share statistics. 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 1749772800 were 2308431 with a Short Ratio of 0.43, compared to 1747267200 on 255207. Therefore, it implies a Short% of Shares Outstanding of 2308431 and a Short% of Float of 20.11.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
