Nouveau Monde Graphite Inc (NYSE: NMG) on Monday, plunged -6.46% from the previous trading day, before settling in for the closing price of $2.94. Within the past 52 weeks, NMG’s price has moved between $1.22 and $6.06.
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 1.71%. The company achieved an average annual earnings per share of 28.21%. With a float of $37.00 million, this company’s outstanding shares have now reached $152.26 million.
Nouveau Monde Graphite Inc (NMG) Insider and Institutional Ownership
Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of Nouveau Monde Graphite Inc is 75.70%, while institutional ownership is 1.93%.
Nouveau Monde Graphite Inc (NMG) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.07 earnings per share (EPS) for the period topping the consensus outlook (set at -0.14) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.21% per share during the next fiscal year.
Nouveau Monde Graphite Inc (NYSE: NMG) Trading Performance Indicators
Nouveau Monde Graphite Inc (NMG) is currently performing well based on its current performance indicators. A quick ratio of 1.70 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.20 in one year’s time.
Technical Analysis of Nouveau Monde Graphite Inc (NMG)
The latest stats from [Nouveau Monde Graphite Inc, NMG] show that its last 5-days average volume of 0.61 million was superior to 0.24 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 5.13%.
During the past 100 days, Nouveau Monde Graphite Inc’s (NMG) raw stochastic average was set at 25.78%, which indicates a significant increase from 2.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.74 in the past 14 days, which was higher than the 0.20 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.55, while its 200-day Moving Average is $1.99. Now, the first resistance to watch is $2.88. This is followed by the second major resistance level at $3.01. The third major resistance level sits at $3.11. If the price goes on to break the first support level at $2.65, it is likely to go to the next support level at $2.55. The third support level lies at $2.42 if the price breaches the second support level.
Nouveau Monde Graphite Inc (NYSE: NMG) Key Stats
Market capitalization of the company is 418.71 million based on 152,261K outstanding shares. Right now, sales total 0 K and income totals -53,480 K. The company made 0 K in profit during its latest quarter, and -15,190 K in sales during its previous quarter.
