The stock of Nabors Energy Transition Corp. II (NETD) has gone up by 0.34% for the week, with a 1.18% rise in the past month and a 2.22% rise in the past quarter. The volatility ratio for the week is 0.25%, and the volatility levels for the past 30 days are 0.35% for NETD.. The simple moving average for the past 20 days is 0.40% for NETD’s stock, with a 2.64% simple moving average for the past 200 days.
Is It Worth Investing in Nabors Energy Transition Corp. II (NASDAQ: NETD) Right Now?
Nabors Energy Transition Corp. II (NASDAQ: NETD) has a price-to-earnings ratio of 27.11x that is above its average ratio. Additionally, the 36-month beta value for NETD is -0.04.
The public float for NETD is 30.50M and currently, short sellers hold a 0.18% ratio of that float. The average trading volume of NETD on February 27, 2025 was 209.14K shares.
NETD) stock’s latest price update
Nabors Energy Transition Corp. II (NASDAQ: NETD)’s stock price has soared by 0.25 in relation to previous closing price of 10.93. Nevertheless, the company has seen a gain of 0.34% in its stock price over the last five trading days.
NETD Trading at 1.00% from the 50-Day Moving Average
After a stumble in the market that brought NETD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.28% of loss for the given period.
Volatility was left at 0.35%, however, over the last 30 days, the volatility rate increased by 0.25%, as shares surge +1.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.77% upper at present.
During the last 5 trading sessions, NETD rose by +0.27%, which changed the moving average for the period of 200-days by +4.24% in comparison to the 20-day moving average, which settled at $10.91. In addition, Nabors Energy Transition Corp. II saw 1.46% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NETD
The total capital return value is set at -0.0. Equity return is now at value 5.01, with 4.79 for asset returns.
Based on Nabors Energy Transition Corp. II (NETD), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -0.1.
Currently, EBITDA for the company is -0.45 million with net debt to EBITDA at -1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.42.
Conclusion
In conclusion, Nabors Energy Transition Corp. II (NETD) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
