New Era Helium Inc’s stock has had a tumultuous market performance.
52-week price history of NEHC Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. New Era Helium Inc’s current trading price is -77.71% away from its 52-week high, while its distance from the 52-week low is 23.98%. The stock’s price range for this period has remained between $2.21 and $12.29. The Financial sector company’s shares managed to surpass a trading volume of around 2.95 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.24 million over the last three months.
Financial Performance and Market Capitalization
New Era Helium Inc (NEHC) has experienced a quarterly decline of -75.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.07M and boasts a workforce of 7 employees.
Moving average and trading volume data
NEHC Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NEHC stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.00.
NEHC Stock Stochastic Average
NEHC Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -54.33%. However, over the last six months, the performance has been stronger by -74.70%. The price of NEHC decreased -13.02% over the last 30 days. And in the last five days, it has fallen by -24.52%.
