Nebius Group N.V (NASDAQ:NBIS) price closed lower on current market day and dropping -0.13% below its previous close.
A look at the daily price movement shows that the last close reads $52.58. Taking into account the 52-week price action we note that the stock hit a 52-week high of $55.04 and 52-week low of $14.09. The stock added 85.74% on its value in the past month.
The overview shows that NBIS’s price is at present 30.77% off the SMA20 and 74.36% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 82.20, with weekly volatility standing at 6.95%. The indicator jumps to 4.70% 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 3.42. Considering analysts have assigned the stock a price target range of $45-$47 as the low and high respectively, we find the trailing 12-month average consensus price target to be $46. Based on this estimate, we see that current price is roughly 14.3% off the estimated low and 10.49% off the forecast high. Investors will no doubt be excited to see the share price rise to $46, which is the median consensus price, and at that level NBIS would be 12.4% from current price.
Current records show that the company has 202.41M in outstanding shares. The insiders’ percentage holdings are 20.84% of outstanding shares while the percentage share held by institutions stands at 33.29%. But the 89.57% 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.
