As on Thursday, New Fortress Energy Inc (NASDAQ: NFE) got off with the flyer as it spiked 1.01% to $9.03, before settling in for the price of $8.94 at the close. Taking a more long-term approach, NFE posted a 52-week range of $8.20-$40.04.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Utilities Sector giants’ yearly sales growth during the last 5-year period was 96.21%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -82.32%. This publicly-traded company’s shares outstanding now amounts to $205.00 million, simultaneously with a float of $115.65 million. The organization now has a market capitalization sitting at $1.85 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.96, while the 200-day Moving Average is $24.93.
New Fortress Energy Inc (NFE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Regulated Gas industry. New Fortress Energy Inc’s current insider ownership accounts for 43.60%, in contrast to 56.99% institutional ownership. According to the most recent insider trade that took place on Oct 01 ’24, this organization’s Chief Executive Officer bought 5,793,742 shares at the rate of 8.63, making the entire transaction reach 49,999,993 in total value, affecting insider ownership by 35,721,915.
New Fortress Energy Inc (NFE) Earnings and Revenue Records
New Fortress Energy Inc’s EPS decrease for this current 12-month fiscal period is -82.32% and is forecasted to reach 1.33 in the upcoming year.
New Fortress Energy Inc (NASDAQ: NFE) Trading Performance Indicators
Let’s observe the current performance indicators for New Fortress Energy Inc (NFE). It’s Quick Ratio in the last reported quarter now stands at 0.63. The Stock has managed to achieve an average true range (ATR) of 1.02. Alongside those numbers, its PE Ratio stands at $7.71, and its Beta score is 1.50. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.77.
In the same vein, NFE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.17, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be 1.33 at the market close of one year from today.
Technical Analysis of New Fortress Energy Inc (NFE)
Through scrutinizing the latest numbers posted by the [New Fortress Energy Inc, NFE], it can be observed that its last 5-days Average volume of 13.61 million was better the volume of 2.59 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 32.60% While, its Average True Range was 1.06.
Raw Stochastic average of New Fortress Energy Inc (NFE) in the period of the previous 100 days is set at 3.97%, which indicates a major fall in contrast to 20.19% 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 92.04% that was higher than 82.14% volatility it exhibited in the past 100-days period.
