New Era Helium Inc [NASDAQ: NEHC] plunged by -$0.01 during the normal trading session on while it closed the day at $2.99.
New Era Helium Inc stock has also loss -13.58% of its value over the past 7 days. However, NEHC stock has declined by -73.33% in the 3 months of the year. Over the past six months meanwhile, it has lost -72.29% and lost -50.17% year-on date.
The market cap for NEHC stock reached $39.36 million, with 4.92 million shares outstanding and 4.82 million shares in the current float. Compared to the average trading volume of 241.73K shares, NEHC reached a trading volume of 262726 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about New Era Helium Inc [NEHC]:
The Average True Range (ATR) for New Era Helium Inc is set at 0.96 The Price to Book ratio for the last quarter was 1.09, with the Price to Cash per share for the same quarter was set at 1.36.
NEHC stock trade performance evaluation
New Era Helium Inc [NEHC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.58. With this latest performance, NEHC shares gained by 24.58% in over the last four-week period, additionally sinking by -72.29% over the last 6 months – not to mention a drop of -71.08% 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 NEHC stock in for the last two-week period is set at 34.81, with the RSI for the last a single of trading hit 32.44, and the three-weeks RSI is set at 32.49 for New Era Helium Inc [NEHC]. The present Moving Average recorded at 3.20 for the last single week of trading.
New Era Helium Inc [NEHC]: An insightful look at the core fundamentals
New Era Helium Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.04 and a Current Ratio set at 4.04.
