Nebius Group N.V (NASDAQ:NBIS) price closed lower on Tuesday, November 12, and dropping -6.40% below its previous close.
A look at the daily price movement shows that the last close reads $20.94, with intraday deals fluctuated between $19.51 and $20.81. The company’s 5Y monthly beta was ticking 0.855 while its P/E ratio in the trailing 12-month period read 29.66. Taking into account the 52-week price action we note that the stock hit a 52-week high of $24.50 and 52-week low of $14.09. The stock subtracted -56.20% on its value in the past month.
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Nebius Group N.V, which has a market valuation of $3.91 billion, is expected to release its quarterly earnings report in December.
Staying with the analyst view, there is a consensus estimate of 11.8B for the company’s annual revenue in current year.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 21.97. The overview shows that NBIS’s price is at present -6.12% off the SMA20 and -47.41% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 34.27, with weekly volatility standing at 9.90%. The indicator jumps to 16.88% when calculated based on the past 30 days. Nebius Group N.V (NASDAQ:NBIS)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 3.04.
An analysis of the Nebius Group N.V (NASDAQ:NBIS) stock in terms of its daily trading volume indicates that the 3-month average is 7.83 million. However, this figure increases on the past 10-day timeline to an average of 6.75 million.
Current records show that the company has 325.78M in outstanding shares. The insiders’ percentage holdings are 19.89% of outstanding shares while the percentage share held by institutions stands at 25.77%. From this we can glean that short interest is 214.00 of company’s current outstanding shares. But the 3.48% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
