Nebius Group N.V (NASDAQ: NBIS) 7.89% Incline Turns Investors Off From Company Stock

Nebius Group N.V (NASDAQ:NBIS) traded at $41.69 at close of the session on Tuesday, January 24 and made an upward move of 7.89% on its previous day’s price.

Looking at the stock we see that its previous close was $38.64 and the beta (5Y monthly) reads 0.855 with the day’s price range being $39.25 – $43.66. The company has a trailing 12-month PE ratio of 63.09. In terms of its 52-week price range, NBIS has a high of $40.96 and a low of $14.09. The company’s stock has gained about 56.08% over that past 30 days.

Nebius Group N.V has a market cap of $9.82 billion and is expected to release its quarterly earnings report in February.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 5.99B, with a low of 5.99B and a high of 5.99B.

Looking further, we note the current price level is 24.95% off its SMA20 and 44.31% from its 50-day simple moving average. The RSI (14) is pointing at 71.72 while the volatility over the past week is 8.56% and jumps to 9.14% over the past one month.

Coming back to Nebius Group N.V (NASDAQ:NBIS), we note that the average 3-month trading volume was 7.11 million, while that of the preceding 10-day period stands at 8.74 million. Current shares outstanding are 235.46 million.

The insiders hold 18.47% of the company’s shares while institutions hold 23.29%. The data shows that short shares as of 2024-12-31, stood at 5.55 million at a short ratio of 0.6. This represents a 278.00 short interest in shares outstanding on 2024-12-31. Shares short rose in December from the previous month at 1.93 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 50.51% up in year-to-date price movement.

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