Nebius Group N.V (NASDAQ:NBIS) price is hovering higher on current market day and jumping 20.51% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $21.99, with intraday deals fluctuating between $25.12 and $27.9. The company’s 5Y monthly beta was ticking 0.855 while its P/E ratio in the trailing 12-month period read 40.10. Taking into account the 52-week price action we note that the stock hit a 52-week high of $26.00 and 52-week low of $14.09. The stock added 23.95% on its value in the past month.
Nebius Group N.V, which has a market valuation of $5.42 billion, is expected to release its quarterly earnings report in January.
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.
The overview shows that NBIS’s price is at present 27.64% off the SMA20 and -11.57% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 57.07, with weekly volatility standing at 9.20%. The indicator jumps to 9.83% 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 2.58.
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 5.73 million. However, this figure increases on the past 10-day timeline to an average of 3.44 million.
Current records show that the company has 163.64M in outstanding shares. The insiders’ percentage holdings are 21.82% of outstanding shares while the percentage share held by institutions stands at 27.47%. The stats also highlight that short interest as of 2024-11-15, stood at 2.3 million shares, which puts the short ratio at the time at 0.41. From this we can glean that short interest is 138.00 of company’s current outstanding shares. Notably, we see that shares short in November fall slightly given the previous month’s figure stood at 3.5 million. But the 39.92% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
