Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $21.46 and last traded at $21.26, with a volume of 2398543 shares traded. The stock had previously closed at $19.57.
Nebius Group Trading Up 10.0 %
The stock has a market cap of $7.78 billion, a P/E ratio of -34.33 and a beta of 2.63.
Nebius Group (NASDAQ:NBIS – Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $0.68 earnings per share for the quarter. Nebius Group had a negative net margin of 2.08% and a positive return on equity of 9.52%. The company had revenue of $2.75 billion during the quarter.
About Nebius Group
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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