Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of NioCorp Developments Ltd (NASDAQ: NB) closed at $2.59 in the last session, down -12.20% from day before closing price of $2.95. In other words, the price has decreased by -$12.20 from its previous closing price. On the day, 1.49 million shares were traded. NB stock price reached its highest trading level at $2.98 during the session, while it also had its lowest trading level at $2.58.
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 0.19 and its Current Ratio is at 0.19. In the meantime, Its Debt-to-Equity ratio is 0.19 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 134156296 and an Enterprise Value of 123440928.
Stock Price History:
The Beta on a monthly basis for NB is -0.37, which has changed by 0.052845478 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, NB has reached a high of $4.15, while it has fallen to a 52-week low of $1.27. The 50-Day Moving Average of the stock is 18.43%, while the 200-Day Moving Average is calculated to be 40.02%.
Shares Statistics:
According to the various share statistics, NB traded on average about 856.28K shares per day over the past 3-months and 3678880 shares per day over the past 10 days. A total of 43.67M shares are outstanding, with a floating share count of 40.79M. Insiders hold about 6.60% of the company’s shares, while institutions hold 7.48% stake in the company. Shares short for NB as of 1743379200 were 1022903 with a Short Ratio of 1.19, compared to 1740700800 on 746344. Therefore, it implies a Short% of Shares Outstanding of 1022903 and a Short% of Float of 2.53.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
