On Friday, New Gold Inc (AMEX: NGD) was 2.36% up from the session before settling in for the closing price of $2.12. A 52-week range for NGD has been $0.86 – $2.46.
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Annual sales at Basic Materials sector company grew by 6.76% over the past five years. When this article was written, the company’s average yearly earnings per share was at 108.98%. With a float of $751.55 million, this company’s outstanding shares have now reached $790.60 million.
Let’s look at the performance matrix of the company that is accounted for 1542 employees.
New Gold Inc (NGD) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward New Gold Inc stocks. The insider ownership of New Gold Inc is 4.94%, while institutional ownership is 44.14%.
New Gold Inc (NGD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 108.98% per share during the next fiscal year.
New Gold Inc (AMEX: NGD) Trading Performance Indicators
You can see what New Gold Inc (NGD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 51.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.04, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of New Gold Inc (NGD)
New Gold Inc (AMEX: NGD) saw its 5-day average volume 6.97 million, a negative change from its year-to-date volume of 7.6 million. As of the previous 9 days, the stock’s Stochastic %D was 37.28%. Additionally, its Average True Range was 0.12.
During the past 100 days, New Gold Inc’s (NGD) raw stochastic average was set at 69.15%, which indicates a significant increase from 49.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.74% in the past 14 days, which was higher than the 56.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.11, while its 200-day Moving Average is $1.64. Nevertheless, the first resistance level for the watch stands at $2.20 in the near term. At $2.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.27. If the price goes on to break the first support level at $2.13, it is likely to go to the next support level at $2.09. The third support level lies at $2.06 if the price breaches the second support level.
New Gold Inc (AMEX: NGD) Key Stats
There are 790,536K outstanding shares of the company, which has a market capitalization of 1.72 billion. As of now, sales total 786,500 K while income totals -64,500 K. Its latest quarter income was 218,200 K while its last quarter net income were 53,100 K.
