Putting The Spotlight On New Era Helium Inc (NEHC)

New Era Helium Inc (NASDAQ:NEHC) currently has a daily average trading volume of 791.88K but it saw 195443 shares traded in last market. With a market cap of 13.23M USD, the company’s current market price of $0.95 came rising about 5.57 while comparing to the previous closing price of $0.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.29 and as low as $0.68. In the recent trading on the day, stock has struck highest price mark of $0.89 while lowest mark touched by it was $0.9596.

Taking a look at 20-day trading activity of New Era Helium Inc (NEHC) gives us an average price of $1.1467, while its current price level is -92.29% below from 52-week high level whereas it is 39.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.8183. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.44% during that period while stretching the period over a month that increases to 21.39%. 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 36.25 which implies that the stock is in neutral territory.

Over the week, NEHC’s stock price is moving -2.73% down while it is -62.23% when we observe its performance for the past one month. Year-to-date it is -84.20% down and over the past year, the stock is showing a downside performance of -90.88%.

The company is expected to be releasing its next quarterly report in May, 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 12.99M with 58.62% of that held by the insiders while 2.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7500.21% and return on equity (ROE) at -202.73%. Stock’s beta reads 0.50. Stock has a price to sale or P/S ratio amounts to 73.49. Its return on asset (ROA) is -95.93% on average.