On Tuesday, Nouveau Monde Graphite Inc (NYSE: NMG) opened higher 4.75% from the last session, before settling in for the closing price of $2.95. Price fluctuations for NMG have ranged from $1.22 to $2.99 over the past 52 weeks.
It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 1.71%. Company’s average yearly earnings per share was noted 32.66% at the time writing. With a float of $36.25 million, this company’s outstanding shares have now reached $152.26 million.
Nouveau Monde Graphite Inc (NMG) Insider Updates
A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The insider ownership of Nouveau Monde Graphite Inc is 76.19%, while institutional ownership is 1.92%.
Nouveau Monde Graphite Inc (NMG) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.14) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 32.66% per share during the next fiscal year.
Nouveau Monde Graphite Inc (NYSE: NMG) Trading Performance Indicators
Check out the current performance indicators for Nouveau Monde Graphite Inc (NMG). In the past quarter, the stock posted a quick ratio of 1.70. For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.14 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 0.43 million was superior to 0.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 88.11%.
During the past 100 days, Nouveau Monde Graphite Inc’s (NMG) raw stochastic average was set at 88.69%, which indicates a significant increase from 83.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.21 in the past 14 days, which was higher than the 0.11 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.12, while its 200-day Moving Average is $1.87. Now, the first resistance to watch is $3.25. This is followed by the second major resistance level at $3.42. The third major resistance level sits at $3.55. If the price goes on to break the first support level at $2.95, it is likely to go to the next support level at $2.82. Assuming the price breaks the second support level, the third support level stands at $2.65.
Nouveau Monde Graphite Inc (NYSE: NMG) Key Stats
There are currently 152,261K shares outstanding in the company with a market cap of 470.48 million. Presently, the company’s annual sales total 0 K according to its annual income of -53,480 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -15,190 K.
