Nebius Group N.V (NASDAQ:NBIS) price closed higher on Tuesday, February 04, and jumping 3.57% above its previous close.
A look at the daily price movement shows that the last close reads $33.31, with intraday deals fluctuated between $33.01 and $34.97. The company’s 5Y monthly beta was ticking 0.855 while its P/E ratio in the trailing 12-month period read 52.21. Taking into account the 52-week price action we note that the stock hit a 52-week high of $43.66 and 52-week low of $14.09. The stock added 13.08% on its value in the past month.
Nebius Group N.V, which has a market valuation of $8.12 billion, is expected to release its quarterly earnings report in March.
On average, analysts have forecast the company’s revenue for the quarter will hit 5.66B, with the likely lows of 5.66B and highs of 5.66B. Staying with the analyst view, there is a consensus estimate of 13.4B for the company’s annual revenue in current year.
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 0.65% off the SMA20 and 12.84% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 53.25, with weekly volatility standing at 9.35%. The indicator jumps to 11.15% 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 3.82.
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 8.12 million. However, this figure increases on the past 10-day timeline to an average of 15.29 million.
Current records show that the company has 235.46M in outstanding shares. The insiders’ percentage holdings are 18.47% of outstanding shares while the percentage share held by institutions stands at 23.21%. The stats also highlight that short interest as of 2025-01-15, stood at 6.64 million shares, which puts the short ratio at the time at 1.04. From this we can glean that short interest is 332.00 of company’s current outstanding shares. Notably, we see that shares short in January rose slightly given the previous month’s figure stood at 3.3 million. But the 24.55% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
