Near Intelligence Inc. (NASDAQ:NIR) currently has a daily average trading volume of 501.31K but it saw 1888834 shares traded on Thursday. With a market cap of 92.20M USD, stock’s current market price of $1.96 came rising about 5.95 while comparing to the previous closing price of $1.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.65 and as low as $1.82. In the recent trading on the day, stock has struck highest price mark of $2.19 while lowest mark touched by it was $1.88.
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Taking a look at 20-day trading activity of Near Intelligence Inc. (NIR) gives us an average price of $2.2160, while its current price level is -89.49% below from 52-week high level whereas it is 7.69% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.9219 while that of 200 days or SMA-200 reads an average of $8.6186. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.36% during that period while stretching the period over a month that increases to 11.53%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.68 which implies that the stock is in neutral territory.
Over the week, NIR’s stock price is moving -4.85% down while it is -34.23% when we observe its performance for the past one month. Year-to-date it is -80.86% down and over the past year, the stock is showing a downside performance of -80.20%.
Currently, Near Intelligence Inc.’s total number of outstanding shares is 14.68M with 90.32% of that held by the insiders while 29.62% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at 3.90%. It has a price to earnings ratio (P/E ratio) of 8.31. Stock has a price to book (P/B) ratio of 0.30 while price to sale or P/S ratio amounts to 1.54. Its return on asset (ROA) is 3.60% on average.
As per SEC documents, Fidelity Nasdaq Composite Index F shunned 13,665 of company’s common stock of worth $36622.0 as per recent closing price of the stock. Fidelity Nasdaq Composite Index F is not the only institutional holder which restructured its stake in Near Intelligence Inc., as Lumyna – MW TOPS UCITS Fund dumped 0 shares of worth $0.0 to bring its holdings to a total of 23561.0 shares. In the most recent quarter, TOPS Market Neutral UCITS FUND came cutting its stake by -100.00% in the company and now holds 0.0 or 0.00% of the company’s stake having worth of about 0.0.
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