Newsmax Inc (NYSE:NMAX) price on Thursday, May 01, rose 1.08% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $23.36.
A look at the stock’s price movement, the close in the last trading session was $23.11, moving within a range at $22.5528 and $25.64. Turning to its 52-week performance, $265.00 and $14.00 were the 52-week high and 52-week low respectively. Overall, NMAX moved -89.97% over the past month.
Newsmax Inc’s market cap currently stands at around $2.99 billion, with investors looking forward to this quarter’s earnings report slated for in June.
NMAX’s current price about -20.29% and -43.75% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.62, while 7-day volatility ratio is 9.63% and 38.52% in the 30-day chart. Further, Newsmax Inc (NMAX) has a beta value of 0, and an average true range (ATR) of 22.58.
If we refocus on Newsmax Inc (NYSE:NMAX), historical trading data shows that trading volumes averaged 1.64 over the past 10 days and 4.38 million over the past 3 months. The company’s latest data on shares outstanding shows there are 88.95 million shares.
The 49.38% of Newsmax Inc’s shares are in the hands of company insiders while institutional holders own 17.98% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 900.0 on 2025-04-15, giving us a short ratio of 0.08. The data shows that as of 2025-04-15 short interest in Newsmax Inc (NMAX) stood at 112.99999999999999 of shares outstanding. Current price change has pushed the stock -72.03% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NMAX stock continues to rise going into the next quarter.
