It’s Not A Fantasy To Think That Nebius Group N.V (NBIS) Has Big Future Potential

Nebius Group N.V (NASDAQ:NBIS) currently has a daily average trading volume of 7.50M but it saw 2077597 shares traded in last market. With a market cap of 3.70B USD, the company’s current market price of $18.57 came falling about -5.26 while comparing to the previous closing price of $19.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.50 and as low as $14.09. In the recent trading on the day, stock has struck highest price mark of $18.42 while lowest mark touched by it was $20.0.

Its current price level is -24.20% below from 52-week high level whereas it is 31.80% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.84% during that period while stretching the period over a month that increases to 16.74%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.84 which implies that the stock is in neutral territory.

Over the week, NBIS’s stock price is moving -3.78% down while it is -52.89% when we observe its performance for the past one month. Year-to-date it is -1.95% down and over the past year, the stock is showing a downside performance of -70.55%.

Currently, Nebius Group N.V’s total number of outstanding shares is 325.78M. Company’s return on investment (ROI) stands at 4.04% and return on equity (ROE) at -8.01%. It has a price to earnings ratio (P/E ratio) of 28.10. Stock has a price to book (P/B) ratio of 1.29 while price to sale or P/S ratio amounts to 1.34. Its return on asset (ROA) is -4.64% on average.