New Era Helium Inc [NASDAQ: NEHC] loss -7.62% or 5059999.51 points to close at $5060000.0 with a heavy trading volume of 10954021 shares.
It opened the trading session at $0.4897, the shares rose to $0.52 and dropped to $0.4354, the range by which the price of stock traded the whole day. The daily chart for NEHC points out that the company has recorded -87.38% loss over the past six months.
If we look at the average trading volume of 5.06M shares, NEHC reached to a volume of 10954021 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for NEHC stock
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 -12.60. With this latest performance, NEHC shares dropped by -10.37% in over the last four-week period, additionally sinking by -87.38% over the last 6 months – not to mention a drop of -92.43% in the past year of trading.
New Era Helium Inc [NEHC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and New Era Helium Inc [NEHC] shares currently have an operating margin of -2555.07% and a Gross Margin at -18.18%. New Era Helium Inc’s Net Margin is presently recorded at -3114.56%.
Return on Equity for this stock declined to -115.75%, with Return on Assets sitting at -115.75%.
An analysis of Institutional ownership at New Era Helium Inc [NEHC]
There are presently around $2.14%, or 4.64%% of NEHC stock, in the hands of institutional investors.
