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Nebius Group (NASDAQ:NBIS) Stock Price Up 4.4% - Time to Buy?

Nebius Group logo with Computer and Technology background

Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) traded up 4.4% during mid-day trading on Tuesday . The stock traded as high as $28.68 and last traded at $28.10. 1,107,838 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 7,008,961 shares. The stock had previously closed at $26.92.

Nebius Group Stock Up 2.9 %

The business's 50 day moving average is $24.59. The company has a market capitalization of $10.01 billion, a PE ratio of -48.60 and a beta of 2.57.

Nebius Group Company Profile

(Get Free Report)

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company's services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.

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