Northern Oil and Gas Inc. (NYSE: NOG) kicked off on Tuesday, down -1.45% from the previous trading day, before settling in for the closing price of $36.55. Over the past 52 weeks, NOG has traded in a range of $31.13-$43.80.
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During the last 5-year period, the sales growth of Energy Sector giant was 55.24%. While this was happening, its average annual earnings per share was recorded -21.54%. With a float of $92.78 million, this company’s outstanding shares have now reached $100.76 million.
Let’s determine the extent of company efficiency that accounts for 38 employees. In terms of profitability, gross margin is 29.55%, operating margin of 26.62%, and the pretax margin is 37.64%.
Northern Oil and Gas Inc. (NOG) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Northern Oil and Gas Inc. is 7.38%, while institutional ownership is 107.64%. The most recent insider transaction that took place on Oct 07 ’24, was worth 60,000. In this transaction CFO of this company sold 1,500 shares at a rate of $40.00, taking the stock ownership to the 83,792 shares. Before that another transaction happened on Oct 03 ’24, when Company’s President sold 2,508 for $38.50, making the entire transaction worth $96,558. This insider now owns 107,876 shares in total.
Northern Oil and Gas Inc. (NOG) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -21.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.50% during the next five years compared to 10.56% growth over the previous five years of trading.
Northern Oil and Gas Inc. (NYSE: NOG) Trading Performance Indicators
Take a look at Northern Oil and Gas Inc.’s (NOG) current performance indicators. Last quarter, stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.65, a number that is poised to hit 1.20 in the next quarter and is forecasted to reach 5.27 in one year’s time.
Technical Analysis of Northern Oil and Gas Inc. (NOG)
Looking closely at Northern Oil and Gas Inc. (NYSE: NOG), its last 5-days average volume was 0.83 million, which is a drop from its year-to-date volume of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 21.64%. Additionally, its Average True Range was 1.03.
During the past 100 days, Northern Oil and Gas Inc.’s (NOG) raw stochastic average was set at 26.81%, which indicates a significant increase from 6.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.11% in the past 14 days, which was lower than the 36.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.33, while its 200-day Moving Average is $38.02. However, in the short run, Northern Oil and Gas Inc.’s stock first resistance to watch stands at $36.55. Second resistance stands at $37.07. The third major resistance level sits at $37.49. If the price goes on to break the first support level at $35.60, it is likely to go to the next support level at $35.18. Now, if the price goes above the second support level, the third support stands at $34.66.
Northern Oil and Gas Inc. (NYSE: NOG) Key Stats
The company with the Market Capitalisation of 3.61 billion has total of 100,172K Shares Outstanding. Its annual sales at the moment are 2,166 M in contrast with the sum of 922,970 K annual income. Company’s last quarter sales were recorded 560,770 K and last quarter income was 138,560 K.
