Nebius Group N.V (NASDAQ:NBIS) price closed lower on Tuesday, February 25, and dropping -5.55% below its previous close.
A look at the daily price movement shows that the last close reads $36.22. The company’s P/E ratio in the trailing 12-month period read 51.77. Taking into account the 52-week price action we note that the stock hit a 52-week high of $50.87 and 52-week low of $14.09. The stock subtracted -17.94% on its value in the past month.
Nebius Group N.V, which has a market valuation of $8.05 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 5.44B, with the likely lows of 4B and highs of 6.88B. Staying with the analyst view, there is a consensus estimate of 48.87B for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 367.03% above that which the company brought in the current year earning report.
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 -9.50% off the SMA20 and -0.35% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.65, with weekly volatility standing at 14.72%. The indicator jumps to 11.70% 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 4.49.
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 11.37 million.
Current records show that the company has 200.05M in outstanding shares. The insiders’ percentage holdings are 20.98% of outstanding shares while the percentage share held by institutions stands at 43.04%. But the 23.50% 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.