Nebius Group N.V [NBIS] is 94.14% higher this YTD. Is it still time to buy?

Nebius Group N.V [NASDAQ: NBIS] gained 18.00% or 5.61 points to close at $36.77 with a heavy trading volume of 14563804 shares.

The daily chart for NBIS points out that the company has recorded -52.35% loss over the past six months.

If we look at the average trading volume of 7.27M shares, NBIS reached to a volume of 14563804 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Nebius Group N.V [NBIS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NBIS shares is $74.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NBIS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Nebius Group N.V is set at 3.09, with the Price to Sales ratio for NBIS stock in the period of the last 12 months amounting to 3.13. The Price to Book ratio for the last quarter was 2.55, with the Price to Cash per share for the same quarter was set at 9.73.

Trading performance analysis for NBIS stock

Nebius Group N.V [NBIS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 67.21. With this latest performance, NBIS shares gained by 90.52% in over the last four-week period, additionally sinking by -52.35% over the last 6 months – not to mention a drop of -40.63% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NBIS stock in for the last two-week period is set at 71.42, with the RSI for the last a single of trading hit 83.39, and the three-weeks RSI is set at 72.39 for Nebius Group N.V [NBIS]. The present Moving Average recorded at 31.06 for the last single week of trading.

Nebius Group N.V [NBIS]: A deeper dive into fundamental analysis

Nebius Group N.V’s liquidity data is similarly interesting compelling, with a Quick Ratio of 22.24 and a Current Ratio set at 22.24.

An analysis of Institutional ownership at Nebius Group N.V [NBIS]