Nebius Group N.V (NASDAQ:NBIS) price on Thursday, January 16, rose 1.54% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $37.59.
A look at the stock’s price movement, the close in the last trading session was $37.02, moving within a range at $35.81 and $38.47. The beta value (5-Year monthly) was 0.855 while the PE ratio in trailing twelve months stood at 56.89. Turning to its 52-week performance, $39.38 and $14.09 were the 52-week high and 52-week low respectively. Overall, NBIS moved 22.24% over the past month.
Nebius Group N.V’s market cap currently stands at around $8.85 billion, with investors looking forward to this quarter’s earnings report slated for in February.
Analysts have a consensus estimate of 5.99B for the company’s revenue for the quarter, with a low and high estimate of 5.99B and 5.99B respectively.
NBIS’s current price about 22.71% and 39.16% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 69.51, while 7-day volatility ratio is 11.70% and 9.78% in the 30-day chart. Further, Nebius Group N.V (NBIS) has a beta value of 0, and an average true range (ATR) of 3.04.
If we refocus on Nebius Group N.V (NASDAQ:NBIS), historical trading data shows that trading volumes averaged 7.18 over the past 10 days and 7.26 million over the past 3 months. The company’s latest data on shares outstanding shows there are 235.46 million shares.
The 18.47% of Nebius Group N.V’s shares are in the hands of company insiders while institutional holders own 23.22% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.55 million on 2024-12-31, giving us a short ratio of 0.6. The data shows that as of 2024-12-31 short interest in Nebius Group N.V (NBIS) stood at 278.0 of shares outstanding, with shares short rising to 1.93 million registered in 2024-11-29. Current price change has pushed the stock 35.70% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NBIS stock continues to rise going into the next quarter.
