In terms of market performance, New Era Helium Inc had a somewhat inconsistent run in.
52-week price history of NEHC Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. New Era Helium Inc’s current trading price is -96.05% away from its 52-week high, while its distance from the 52-week low is 16.80%. The stock’s price range during this period has fluctuated between $0.42 and $12.29. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 1.25 million for the day, which was evidently lower than the average daily volume of 5.5 million over the last three months.
Financial Performance and Market Capitalization
New Era Helium Inc (NEHC) has experienced a quarterly decline of -39.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.32M and boasts a workforce of 7 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9267, with a change in price of -1.9640. Similarly, New Era Helium Inc recorded 3,487,860 in trading volume during the last 100 days, posting a change of -80.16%.
NEHC Stock Stochastic Average
The raw stochastic average for New Era Helium Inc over the last 50 days is presently at 10.86%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 49.50%. Further, the company’s Stochastic %K and %D values for the last 20 days were 52.30% and 51.53%, respectively.
NEHC Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -95.51%.However, over the last six months, we can see a stronger performance of -82.26%. Over the last 30 days, the price of NEHC has leaped by -11.96%. And in the last five days, it has fallen by -1.02%.
