NGL Energy Partners LP (NGL) is 4.15% away from 50-day simple Moving Average despite all headwinds
NGL Energy Partners LP (NYSE: NGL) started the day on June 10, 2021, with a price increase of 0.88% at $2.30. During the day, the stock rose to $2.34 and sunk to $2.25 before settling in for the price of $2.28 at the close. Taking a more long-term approach, NGL posted a 52-week range of $1.87-$6.67.
It was noted that the giant of the Energy sector posted annual sales growth of -14.90% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -19.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -96.70%. This publicly-traded company’s shares outstanding now amounts to $129.39 million, simultaneously with a float of $122.27 million. The organization now has a market capitalization sitting at $370.48 million. At the time of writing, stock’s 50-day Moving Average stood at $2.22, while the 200-day Moving Average is $2.78.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 1400 workers. It has generated 5,242,751 per worker during the last fiscal year. Meanwhile, its income per employee was -639,237. The stock had 7.95 Receivables turnover and 0.84 Total Asset turnover. For the Profitability, stocks gross margin was +9.20, operating margin was +3.02 and Pretax Margin of -12.26.
NGL Energy Partners LP (NGL) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Refining & Marketing Industry. NGL Energy Partners LP’s current insider ownership accounts for 2.20%, in contrast to 38.20% institutional ownership.
NGL Energy Partners LP (NGL) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 3/30/2021, the organization reported -$1.97 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.06) by -$1.91. This company achieved a net margin of -12.19 while generating a return on equity of -34.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
NGL Energy Partners LP’s EPS decrease for this current 12-month fiscal period is -96.70% and is forecasted to reach 0.32 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.00% through the next 5 years, which can be compared against the -19.20% growth it accomplished over the previous five years trading on the market.
NGL Energy Partners LP (NYSE: NGL) Trading Performance Indicators
Let’s observe the current performance indicators for NGL Energy Partners LP (NGL). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.07.
In the same vein, NGL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.60, a figure that is expected to reach -0.22 in the next quarter, and analysts are predicting that it will be 0.32 at the market close of one year from today.
Technical Analysis of NGL Energy Partners LP (NGL)
If we take a close look at the recent performances of NGL Energy Partners LP (NYSE: NGL), its last 5-days Average volume was 3.12 million that shows progress from its year to date volume of 2.58 million. During the previous 9 days, stock’s Stochastic %D was recorded 3.14% While, its Average True Range was 0.20.
Raw Stochastic average of NGL Energy Partners LP (NGL) in the period of the previous 100 days is set at 19.37%, which indicates a major rise in contrast to 5.24% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 126.12% that was higher than 71.10% volatility it exhibited in the past 100-days period.