New Era Helium Inc (NASDAQ:NEHC) does about 5.42M shares in volume on a normal day but saw 1288553 shares change hands in the recent trading day. The company now has a market cap of 6.69M USD. Its current market price is $0.46, marking an increase of 8.55% compared to the previous close of $0.43. The 52 week high reached by this stock is $12.29 whilst the lowest price level in 52 weeks is $0.42.
New Era Helium Inc (NEHC) has a 20-day trading average at $0.5105 and the current price is -96.24% off the 52-week high compared with 11.03% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 9.55%, which increases to 14.88% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 39.69 to suggest the stock is neutral.
The current price level is -9.50%, -28.37%, and -89.80% away from its SMA20, SMA50, and SMA200 respectively, with the NEHC price moving above the 50-day SMA on current market day. New Era Helium Inc (NEHC) stock is down -6.10% over the week and -20.34% over the past month. Its price is -95.73% year-to-date and -92.30% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 13.95M with insiders holding 53.95% of the shares and institutional holders owning 2.14% of the company’s common stock. The company has a return on equity of -271.71%. The beta has a value of 0.20. Price to sales ratio is 13.12.
