Net Element Inc (NASDAQ:NETE) shares traded 31.12% up during most recent session to reach at the closing price of $5.14. The stock exchanged hands 783138 shares versus average trading capacity of 340.97 Million shares, yielding a market cap of $12.34 Million. Wall Street analysts covering the stock are projecting that the stock will reach $90.7 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Net Element Inc (NASDAQ:NETE) high price target of $5.17 and with a conservative view have low price target of $5.17.
On the other hand the company has Relative Strength Index (RSI 14) of 50.58 along with Average True Range (ATR 14) of 0.68, Consequently Net Element Inc (NASDAQ:NETE)’s weekly and monthly volatility is 21.74%, 14.80% respectively. The company’s beta value is at 1.16.
In terms of Buy, Sell or Hold recommendations, Net Element Inc (NASDAQ:NETE) has analysts’ mean recommendation of 0. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Currently Net Element Inc (NASDAQ:NETE)’s shares owned by insiders are 8.7%, whereas shares owned by institutional owners are 2.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 32.11%.
Net Element Inc (NASDAQ:NETE) 52-week high price stands at $15.40 and low price stands at $2.56, its price distance from 52-week high is -66.62% while its distance from 52-week low price is 101.1%. The stock hit its 52-week high on 02/08/17, and 52-week low on 09/12/17.
Net Element Inc (NASDAQ:NETE)’s trailing twelve month revenues are $59 Million, whereas its price to sales ratio for the same period is 0.21. Its book value per share for the most recent quarter is $10.61 while its price to book ratio for the same period is 0.48, as for as the company’s cash per share for the most recent quarter is $0.38, however its price to cash per share ratio for the same period is 13.71. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.