Understanding Near Intelligence Inc (NIR) through its ratios

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.

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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.

Insider Transactions:

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.

Valuation Measures:

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.

Shares Statistics:

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%.

Earnings Estimates

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.

Revenue Estimates

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.

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