Nebius Group N.V (NASDAQ:NBIS) shares, rose in value on Tuesday, December 31, with the stock price up by 2.90% to the previous day’s close as strong demand from buyers drove the stock to $27.70.
Actively observing the price movement in the last trading, the stock closed the session at $26.92, falling within a range of $26.79 and $28.68. The value of beta (5-year monthly) was 0.855 whereas the PE ratio was 41.92 over 12-month period. Referring to stock’s 52-week performance, its high was $38.69, and the low was $14.09. On the whole, NBIS has fluctuated by 25.97% over the past month.
With the market capitalization of Nebius Group N.V currently standing at about $6.71 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
The stock’s technical analysis shows that the price of NBIS currently trading nearly -7.75% and 13.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.34, while the 7-day volatility ratio is showing 7.03% which for the 30-day chart, stands at 10.90%. Furthermore, Nebius Group N.V (NBIS)’s average true range (ATR) is 2.76.
A comparison of Nebius Group N.V (NBIS) with its peers suggests the former has fared considerably weaker in the market. NBIS showed an intraday change of 2.90% in last session, and over the past year, it shrunk by -56.21%%.
Data on historical trading for Nebius Group N.V (NASDAQ:NBIS) indicates that the trading volumes over the past 10 days have averaged 5.26 and over the past 3 months, they’ve averaged 7.28 million. According to company’s latest data on outstanding shares, there are 235.46 million shares outstanding.
Nearly 19.21% of Nebius Group N.V’s shares belong to company insiders and institutional investors own 23.23% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.3 million shares as on 2024-12-13, resulting in a short ratio of 0.42. According to the data, the short interest in Nebius Group N.V (NBIS) stood at 199.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 2.3 million. The stock has risen by 46.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NBIS stock heading into the next quarter.
