On Friday, Newpark Resources, Inc. (NYSE: NR) opened lower -7.18% from the last session, before settling in for the closing price of $8.36. Price fluctuations for NR have ranged from $4.15 to $8.65 over the past 52 weeks.
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During the last 5-year period, the sales drop of Energy Sector giant was -0.78%. Company’s average yearly earnings per share was noted 15.05% at the time writing. With a float of $75.72 million, this company’s outstanding shares have now reached $85.20 million.
Let’s determine the extent of company efficiency that accounts for 1550 employees.
Newpark Resources, Inc. (NR) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Newpark Resources, Inc. is 11.13%, while institutional ownership is 80.29%. The most recent insider transaction that took place on Aug 21 ’23, was worth 7,241. In this transaction Director of this company bought 1,300 shares at a rate of $5.57, taking the stock ownership to the 82,930 shares. Before that another transaction happened on Aug 16 ’23, when Company’s Director bought 8,000 for $5.27, making the entire transaction worth $42,180. This insider now owns 81,630 shares in total.
Newpark Resources, Inc. (NR) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 15.05% per share during the next fiscal year.
Newpark Resources, Inc. (NYSE: NR) Trading Performance Indicators
Check out the current performance indicators for Newpark Resources, Inc. (NR). In the past quarter, the stock posted a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92. Likewise, its price to free cash flow for the trailing twelve months is 14.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of Newpark Resources, Inc. (NR)
Looking closely at Newpark Resources, Inc. (NYSE: NR), its last 5-days average volume was 0.73 million, which is a jump from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 46.90%. Additionally, its Average True Range was 0.28.
During the past 100 days, Newpark Resources, Inc.’s (NR) raw stochastic average was set at 70.72%, which indicates a significant increase from 5.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.20% in the past 14 days, which was higher than the 33.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.66, while its 200-day Moving Average is $6.95. However, in the short run, Newpark Resources, Inc.’s stock first resistance to watch stands at $8.11. Second resistance stands at $8.45. The third major resistance level sits at $8.64. If the price goes on to break the first support level at $7.57, it is likely to go to the next support level at $7.38. Now, if the price goes above the second support level, the third support stands at $7.03.
Newpark Resources, Inc. (NYSE: NR) Key Stats
There are currently 85,202K shares outstanding in the company with a market cap of 661.15 million. Presently, the company’s annual sales total 749,600 K according to its annual income of 14,520 K. Last quarter, the company’s sales amounted to 169,110 K and its income totaled 7,290 K.
