In the latest session, Near Intelligence Inc (NASDAQ: NIR) closed at $0.18 down -3.14% from its previous closing price of $0.19. In other words, the price has decreased by -$0.0050 from its previous closing price. On the day, 821320 shares were traded. NIR stock price reached its highest trading level at $0.1971 during the session, while it also had its lowest trading level at $0.1766.
For a deeper understanding of Near Intelligence Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 26.82 whereas as Long-Term Debt/Eq ratio is at 0.90.
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 18 when Petralia Kathryn bought 15,000 shares for $0.44 per share. The transaction valued at 6,600 led to the insider holds 60,000 shares of the business.
Petralia Kathryn bought 15,000 shares of NIR for $7,050 on Aug 17. The Director now owns 45,000 shares after completing the transaction at $0.47 per share. On May 25, another insider, Petralia Kathryn, who serves as the Director of the company, bought 10,000 shares for $1.98 each. As a result, the insider paid 19,800 and bolstered with 30,000 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NIR now has a Market Capitalization of 9.42M and an Enterprise Value of 90.25M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 1.53 whereas that against EBITDA is -1.14.
Stock Price History:
The Beta on a monthly basis for NIR is 0.39, which has changed by -98.21% over the last 52 weeks, in comparison to a change of 14.28% over the same period for the S&P500. Over the past 52 weeks, NIR has reached a high of $18.65, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is 0.2209, while the 200-Day Moving Average is calculated to be 2.9641.
For the past three months, NIR has traded an average of 3.62M shares per day and 5.77M over the past ten days. A total of 51.75M shares are outstanding, with a floating share count of 15.22M. Insiders hold about 70.59% of the company’s shares, while institutions hold 16.05% stake in the company. Shares short for NIR as of Oct 30, 2023 were 210.75k with a Short Ratio of 0.21M, compared to 542.72k on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.41% and a Short% of Float of 1.68%.
There are 1 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is -$0.3, with high estimates of -$0.3 and low estimates of -$0.3.
Analysts are recommending an EPS of between -$2.18 and -$2.18 for the fiscal current year, implying an average EPS of -$2.18. EPS for the following year is -$1.14, with 1 analysts recommending between -$1.14 and -$1.14.
Based on 1 analysts’ estimates, the company’s revenue will be $97.9M in the next fiscal year. The high estimate is $97.9M and the low estimate is $97.9M. The average revenue growth estimate for next year is up 30.50% from the average revenue estimate for this year.