Metalnrg PLC (UK) Price on November 7, 2024

MNRG Stock   29.00  5.00  14.71%   
Below is the normalized historical share price chart for Metalnrg PLC extending back to July 23, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Metalnrg PLC stands at 29.00, as last reported on the 22nd of December, with the highest price reaching 34.00 and the lowest price hitting 27.30 during the day.
200 Day MA
27.8425
50 Day MA
44.05
Beta
0.571
 
Covid
If you're considering investing in Metalnrg Stock, it is important to understand the factors that can impact its price. Metalnrg PLC has Sharpe Ratio of -0.0727, which conveys that the firm had a -0.0727% return per unit of risk over the last 3 months. Metalnrg PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metalnrg PLC's Standard Deviation of 7.42, mean deviation of 5.16, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
  
At this time, Metalnrg PLC's Common Stock Shares Outstanding is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 7.1 M in 2024, whereas Common Stock is likely to drop slightly above 103.2 K in 2024. . Metalnrg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0727

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Estimated Market Risk

 7.48
  actual daily
66
66% of assets are less volatile

Expected Return

 -0.54
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Metalnrg PLC is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Metalnrg PLC by adding Metalnrg PLC to a well-diversified portfolio.
Price Book
0.6551
Book Value
(0)
Enterprise Value
4.8 M
Enterprise Value Ebitda
(0.51)
Price Sales
28.9964

Metalnrg PLC Main Headline on 7th of November 2024

MetalNRGs Shares See Change in Spreadex Holdings TipRanks

Metalnrg PLC Valuation on November 7, 2024

It is possible to determine the worth of Metalnrg PLC on a given historical date. On November 7, 2024 Metalnrg was worth 36.0 at the beginning of the trading date compared to the closed value of 35.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metalnrg PLC stock. Still, in general, we apply an absolute valuation method to find Metalnrg PLC's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Metalnrg PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metalnrg PLC's related companies.
 Open High Low Close Volume
  37.00    37.08    35.00    36.00    30,767,292  
11/07/2024
  36.00    38.50    34.20    35.00    28,021,596  
  35.00    35.98    32.20    33.00    81,981,164  
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Open Value
36.0
35.0
Closing Value
58.44
Upside

Metalnrg PLC Trading Date Momentum on November 7, 2024

On November 08 2024 Metalnrg PLC was traded for  33.00  at the closing time. The highest price during the trading period was 35.98  and the lowest recorded bid was listed for  32.20 . The volume for the day was 82 M. This history from November 8, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.71% . The trading delta at closing time to the current price is 49.51% .

Metalnrg PLC Fundamentals Correlations and Trends

By evaluating Metalnrg PLC's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Metalnrg PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metalnrg financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Metalnrg PLC Stock history

Metalnrg PLC investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Metalnrg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metalnrg PLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Metalnrg PLC stock prices may prove useful in developing a viable investing in Metalnrg PLC
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.2 B1.3 B
Net Loss-1.7 M-1.6 M

Metalnrg PLC Stock Technical Analysis

Metalnrg PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Metalnrg PLC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Metalnrg PLC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Metalnrg PLC Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Metalnrg PLC cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Metalnrg PLC December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Metalnrg PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metalnrg PLC shares will generate the highest return on investment. By undertsting and applying Metalnrg PLC stock market strength indicators, traders can identify Metalnrg PLC entry and exit signals to maximize returns

Metalnrg PLC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Metalnrg PLC's price direction in advance. Along with the technical and fundamental analysis of Metalnrg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metalnrg to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Metalnrg Stock Analysis

When running Metalnrg PLC's price analysis, check to measure Metalnrg PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Metalnrg PLC is operating at the current time. Most of Metalnrg PLC's value examination focuses on studying past and present price action to predict the probability of Metalnrg PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalnrg PLC's price. Additionally, you may evaluate how the addition of Metalnrg PLC to your portfolios can decrease your overall portfolio volatility.