Nebius Group N.V (NASDAQ:NBIS) shares, rose in value, with the stock price down by -3.94% to the previous day’s close as strong demand from buyers drove the stock to $38.04.
Actively observing the price movement in the last trading, the stock closed the session at $39.60. Referring to stock’s 52-week performance, its high was $50.87, and the low was $14.09. On the whole, NBIS has fluctuated by 59.43% over the past month.
With the market capitalization of Nebius Group N.V currently standing at about $9.06 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of NBIS currently trading nearly 13.65% and 39.22% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.08, while the 7-day volatility ratio is showing 3.19% which for the 30-day chart, stands at 5.00%. Furthermore, Nebius Group N.V (NBIS)’s average true range (ATR) is 2.66.
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 -3.94% in last session, and over the past year, it shrunk by -52.00%%.
Data on historical trading for Nebius Group N.V (NASDAQ:NBIS) indicates that the trading volumes over the past 3 months, they’ve averaged 11.28 million. According to company’s latest data on outstanding shares, there are 202.41 million shares outstanding.
Nearly 20.84% of Nebius Group N.V’s shares belong to company insiders and institutional investors own 33.51% of the company’s shares. The stock has risen by 37.33% 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.
