Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. New Era Helium Inc’s current trading price is -78.03% away from its 52-week high, while its distance from the 52-week low is 22.17%. The stock’s price range during this period has varied between $2.21 and $12.29. The company, active in the Financial sector, saw a trading volume of around 0.61 million for the day, considerably lower average daily volume of 0.87 million observed over the last three months.
New Era Helium Inc had a pretty Dodgy run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
New Era Helium Inc (NEHC) has experienced a quarterly decline of -75.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.71M and boasts a workforce of 7 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How NEHC’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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. This year’s metric has recorded a Price decrease of -55.00%. However, over the past six months, we’ve seen a stronger performance of -75.00%. The price of NEHC leaped by -44.90% over the last 30 days. And in the last five days, it has fallen by -8.16%.
