New Era Helium Inc (NASDAQ:NEHC) currently has a daily average trading volume of 134.80K but it saw 1874482 shares traded in last market. With a market cap of 96.72M USD, the company’s current market price of $6.00 came rising about 22.45 while comparing to the previous closing price of $4.90. 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 $5.35 while lowest mark touched by it was $7.78.
Its current price level is -51.18% below from 52-week high level whereas it is 171.49% 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 31.71% during that period while stretching the period over a month that decreases to 30.32%. 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 48.79 which implies that the stock is in neutral territory.
Over the week, NEHC’s stock price is moving 114.29% up while it is -47.00% when we observe its performance for the past one month. Year-to-date it is -43.56% down and over the past year, the stock is showing a downside performance of -41.75%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
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 0.17. Stock has a price to book (P/B) ratio of 2.18. Its return on asset (ROA) is -7.26% on average.
