New Era Energy & Digital (NASDAQ:NUAI) Shares Gap Down – Here’s Why

New Era Energy & Digital Inc (NASDAQ:NUAIGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $6.48, but opened at $6.06. New Era Energy & Digital shares last traded at $6.0990, with a volume of 1,093,107 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on NUAI shares. New Street Research set a $10.00 target price on New Era Energy & Digital in a research note on Tuesday, July 7th. B. Riley Financial started coverage on New Era Energy & Digital in a research report on Tuesday, July 7th. They set a “buy” rating and a $10.00 price target on the stock. Wall Street Zen cut New Era Energy & Digital from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Northland Securities set a $12.00 price objective on shares of New Era Energy & Digital in a research note on Tuesday, August 18th. Finally, Weiss Ratings raised shares of New Era Energy & Digital from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $10.67.

Get Our Latest Report on New Era Energy & Digital

New Era Energy & Digital Price Performance

The business has a fifty day moving average of $4.99 and a 200 day moving average of $4.90. The company has a debt-to-equity ratio of 0.11, a current ratio of 14.21 and a quick ratio of 14.21. The stock has a market cap of $643.94 million, a PE ratio of -6.17 and a beta of 1.24.

New Era Energy & Digital (NASDAQ:NUAIGet Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.12). New Era Energy & Digital had a negative return on equity of 121.41% and a negative net margin of 4,388.71%.The business had revenue of $0.04 million for the quarter. Sell-side analysts anticipate that New Era Energy & Digital Inc will post -0.5 earnings per share for the current year.

Institutional Trading of New Era Energy & Digital

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quantbot Technologies LP acquired a new stake in New Era Energy & Digital in the second quarter valued at $36,000. California State Teachers Retirement System acquired a new position in New Era Energy & Digital during the 2nd quarter worth $45,000. Legal & General Group Plc acquired a new position in New Era Energy & Digital during the 2nd quarter worth $50,000. State of Wyoming bought a new stake in shares of New Era Energy & Digital in the 2nd quarter worth about $51,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of New Era Energy & Digital in the 2nd quarter worth about $64,000. Institutional investors own 21.90% of the company’s stock.

New Era Energy & Digital Company Profile

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New Era Energy & Digital, Inc, operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc and changed its name to New Era Energy & Digital, Inc in August 2025.

Further Reading

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