Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) were down 3.6% during mid-day trading on Monday . The stock traded as low as $31.30 and last traded at $31.98. Approximately 2,829,950 shares changed hands during trading, a decline of 50% from the average daily volume of 5,606,087 shares. The stock had previously closed at $33.18.
Analyst Ratings Changes
Separately, BWS Financial initiated coverage on shares of Nebius Group in a research note on Monday. They issued a "buy" rating and a $51.00 price objective on the stock.
View Our Latest Report on NBIS
Nebius Group Trading Up 7.7 %
The company has a market capitalization of $12.91 billion, a P/E ratio of -62.67 and a beta of 2.63. The company's 50 day moving average price is $26.22.
About Nebius Group
(
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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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