Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $20.36 and last traded at $20.00, with a volume of 13616700 shares trading hands. The stock had previously closed at $14.29.
Nebius Group Trading Up 40.0 %
The company has a market cap of $7.23 billion, a price-to-earnings ratio of -35.09 and a beta of 2.63.
Nebius Group (NASDAQ:NBIS – Get Free Report) last announced its earnings results on Tuesday, July 30th. The company reported $0.68 earnings per share for the quarter. Nebius Group had a positive return on equity of 9.52% and a negative net margin of 2.08%. The firm had revenue of $2.75 billion for 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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