New Era Helium Inc (NASDAQ:NEHC) currently has a daily average trading volume of 90.28K but it saw 1156203 shares traded in last market. With a market cap of 47.39M USD, the company’s current market price of $3.60 came rising about 31.87 while comparing to the previous closing price of $2.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.29 and as low as $2.21. In the recent trading on the day, stock has struck highest price mark of $2.7 while lowest mark touched by it was $4.25.
Its current price level is -70.71% below from 52-week high level whereas it is 62.90% 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 21.79% during that period while stretching the period over a month that increases to 26.81%. 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 26.75 which implies that the stock is in oversold territory.
Over the week, NEHC’s stock price is moving 22.03% up while it is -69.06% when we observe its performance for the past one month. Year-to-date it is -66.13% down and over the past year, the stock is showing a downside performance of -64.98%.
Currently, New Era Helium Inc’s total number of outstanding shares is 4.92M. Company’s return on investment (ROI) stands at -12.05% and return on equity (ROE) at -8.50%. Stock’s beta reads 0.04. Stock has a price to book (P/B) ratio of 1.31. Its return on asset (ROA) is -7.26% on average.
