Why Newsmax Inc (NYSE: NMAX) Stock Shouldn’t Be Sold In 2025

In the last trading session, 2.65 million Newsmax Inc (NYSE:NMAX) shares changed hands as the company’s beta touched 0. With the company’s per share price at $15.13 changed hands at $1.82 or 13.67% during last session, the market valuation stood at $1.95B. NMAX’s last price was a discount, traded about -1651.49% off its 52-week high of $265.00. The share price had its 52-week low at $11.82, which suggests the last value was 21.88% up since then. When we look at Newsmax Inc’s average trading volume, we note the 10-day average is 1.39 million shares, with the 3-month average coming to 2.47 million.

Newsmax Inc (NYSE:NMAX) trade information

Instantly NMAX was in green as seen at the end of in last trading. With action 17.38%, the performance over the past five days has been green. However, in the 30-day time frame, Newsmax Inc (NYSE:NMAX) is -32.21% down. Looking at the short shares, we see there were 0.84 million shares sold at short interest cover period of 0.53 days.

NMAX Dividends

Newsmax Inc is expected to release its next quarterly earnings report in August.

Newsmax Inc (NYSE:NMAX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 22.02% of Newsmax Inc shares while 25.82% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 33.11%.

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