The trading price of Nebius Group N.V (NASDAQ:NBIS) closed lower on Monday, December 30, and closing at $26.92, -1.43% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $25.9 and $27.2. The company’s P/E ratio in the trailing 12-month period was 40.74, while its 5Y monthly beta was 0.855. In examining the 52-week price action we see that the stock hit a 52-week high of $38.69 and a 52-week low of $14.09. Over the past month, the stock has gained 25.62% in value.
Nebius Group N.V, whose market valuation is $6.43 billion at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable.
A quick review shows that NBIS’s price is currently -10.06% off the SMA20 and 11.21% off the SMA50. The RSI metric on the 14-day chart is currently showing 47.30, and weekly volatility stands at 7.92%. When measured over the past 30 days, the indicator reaches 10.94%. Nebius Group N.V (NASDAQ:NBIS)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 2.83.
To see how Nebius Group N.V stock has been performing in comparison to its peers in the industry, here are the numbers: NBIS stock’s performance was -1.43% in the latest trading, and -58.97% in the past year. Nebius Group N.V has a P/E ratio of 40.74.
An evaluation of the daily trading volume of Nebius Group N.V (NASDAQ:NBIS) indicates that the 3-month average is 7.36 million. However, this figure has increased over the past 10 days to an average of 6.05.
Currently, records show that 163.64 million of the company’s shares remain outstanding. The insiders hold 21.82% of outstanding shares, whereas institutions hold 27.44%. The stats also highlight that short interest as of 2024-12-13, stood at 3.3 million shares, resulting in a short ratio of 0.42 at that time. From this, we can conclude that short interest is 199.00 of the company’s total outstanding shares. It is noteworthy that short shares in December were up slightly from the previous month’s figure, which was 2.3 million. However, since the stock’s price has seen 42.13% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
