Investors Purchase Large Volume of Call Options on New Era Energy & Digital (NASDAQ:NUAI)
by Michael Walen · The Markets DailyNew Era Energy & Digital Inc (NASDAQ:NUAI – Get Free Report) was the recipient of some unusual options trading on Tuesday. Traders bought 28,006 call options on the stock. This represents an increase of 81% compared to the typical daily volume of 15,496 call options.
Wall Street Analyst Weigh In
A number of research firms recently commented on NUAI. B. Riley Financial began coverage on shares of New Era Energy & Digital in a research note on Tuesday, July 7th. They set a “buy” rating and a $10.00 price objective on the stock. Texas Capital raised shares of New Era Energy & Digital to a “strong-buy” rating in a research note on Thursday, April 16th. Weiss Ratings cut shares of New Era Energy & Digital from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 22nd. Northland Securities assumed coverage on New Era Energy & Digital in a report on Thursday, April 16th. They issued an “outperform” rating and a $11.00 price target on the stock. Finally, Wall Street Zen upgraded New Era Energy & Digital from a “strong sell” rating to a “sell” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned 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 target price of $10.33.
Check Out Our Latest Stock Report on New Era Energy & Digital
New Era Energy & Digital Stock Performance
NUAI traded up $0.77 during trading on Tuesday, reaching $5.92. The company had a trading volume of 14,201,524 shares, compared to its average volume of 6,535,662. The firm’s 50-day simple moving average is $5.04 and its 200 day simple moving average is $4.87. The company has a market cap of $599.33 million, a price-to-earnings ratio of -5.99 and a beta of 1.21. New Era Energy & Digital has a 12-month low of $0.32 and a 12-month high of $9.44.
New Era Energy & Digital (NASDAQ:NUAI – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.16) EPS for the quarter. New Era Energy & Digital had a negative net margin of 2,592.43% and a negative return on equity of 687.58%. The firm had revenue of $0.80 million for the quarter. On average, sell-side analysts expect that New Era Energy & Digital will post -0.43 EPS for the current year.
Institutional Investors Weigh In On New Era Energy & Digital
Several hedge funds have recently made changes to their positions in NUAI. First Trust Advisors LP grew its position in New Era Energy & Digital by 113.5% during the 1st quarter. First Trust Advisors LP now owns 1,614,504 shares of the company’s stock worth $6,555,000 after purchasing an additional 858,329 shares in the last quarter. UBS Group AG acquired a new stake in shares of New Era Energy & Digital in the fourth quarter worth $3,584,000. Geode Capital Management LLC acquired a new stake in shares of New Era Energy & Digital in the fourth quarter worth $1,391,000. Goldman Sachs Group Inc. purchased a new position in shares of New Era Energy & Digital during the fourth quarter valued at $804,000. Finally, Alyeska Investment Group L.P. purchased a new position in shares of New Era Energy & Digital during the fourth quarter valued at $586,000. Hedge funds and other institutional investors own 21.90% of the company’s stock.
New Era Energy & Digital Company Profile
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.