Nouveau Monde Graphite (CVE:NOU) Sets New 1-Year Low at $2.56

Nouveau Monde Graphite Inc. (CVE:NOU - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$2.56 and last traded at C$2.58, with a volume of 17486 shares traded. The stock had previously closed at C$2.65.Get Nouveau Monde Graphite alerts:Nouveau Monde Graphite Price PerformanceThe company has a 50 day simple moving average of C$2.83 and a 200 day simple moving average of C$3.09. The company has a market capitalization of C$290.10 million, a price-to-earnings ratio of -2.91 and a beta of 1.87. The company has a quick ratio of 1.29, a current ratio of 1.07 and a debt-to-equity ratio of 72.01. Nouveau Monde Graphite (CVE:NOU - Get Free Report) last announced its earnings results on Tuesday, May 14th. The company reported C($0.43) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.09) by C($0.34). As a group, research analysts predict that Nouveau Monde Graphite Inc. will post -0.46 EPS for the current year. Insiders Place Their BetsIn related news, Senior Officer Charles-Olivier Tarte sold 37,500 shares of the company's stock in a transaction on Friday, May 24th. The stock was sold at an average price of C$2.85, for a total transaction of C$106,875.00. In related news, Director Eric Desaulniers sold 35,000 shares of Nouveau Monde Graphite stock in a transaction on Thursday, May 16th. The shares were sold at an average price of C$2.80, for a total value of C$98,000.00. Also, Senior Officer Charles-Olivier Tarte sold 37,500 shares of the company's stock in a transaction dated Friday, May 24th. The shares were sold at an average price of C$2.85, for a total transaction of C$106,875.00. Over the last 90 days, insiders have sold 107,500 shares of company stock worth $312,850. 56.02% of the stock is owned by insiders. About Nouveau Monde Graphite (Get Free Report)Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company's flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec.See AlsoFive stocks we like better than Nouveau Monde GraphiteWhat is the Euro STOXX 50 Index?Chipotle Mexican Grill Stock Split: Where Does it Go From Here?Financial Services Stocks InvestingArm Holdings and Micron: Top 2 AI Stocks to Buy and HoldHow Can Retail Investors Trade the Toronto Stock Exchange (TSX)?Best Buy Stock May Be Best Bought Before the Holiday SeasonThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Did Jeff Bezos Just Make the AI Apocalypse Worse? (From InvestorPlace) (Ad)Should you invest $1,000 in Nouveau Monde Graphite right now?Before you consider Nouveau Monde Graphite, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nouveau Monde Graphite wasn't on the list.While Nouveau Monde Graphite currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here