Should You Sell Nebius Group N.V (NBIS) And Go Away This Year?

Nebius Group N.V (NASDAQ:NBIS) currently has a daily average trading volume of 6.37M but it saw 3856687 shares traded in last market. With a market cap of 4.10B USD, the company’s current market price of $20.58 came falling about -0.34 while comparing to the previous closing price of $20.65. 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 $19.47 while lowest mark touched by it was $20.75.

Taking a look at 20-day trading activity of Nebius Group N.V (NBIS) gives us an average price of $20.12, while its current price level is -16.00% below from 52-week high level whereas it is 46.06% 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 7.76% during that period while stretching the period over a month that increases to 10.37%. 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 40.56 which implies that the stock is in neutral territory.

Over the week, NBIS’s stock price is moving 10.82% up while it is 9.88% when we observe its performance for the past one month. Year-to-date it is 8.66% up and over the past year, the stock is showing a downside performance of -67.87%.

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 31.14. Stock has a price to book (P/B) ratio of 1.43 while price to sale or P/S ratio amounts to 1.48. Its return on asset (ROA) is -4.64% on average.