Witnessing the stock’s movement on the chart, on Wednesday, NGL Energy Partners LP (NYSE: NGL) set off with pace as it heaved 4.84% to $4.33, before settling in for the price of $4.13 at the close. Taking a more long-term approach, NGL posted a 52-week range of $3.83-$6.20.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was -0.47%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 119.91%. This publicly-traded company’s shares outstanding now amounts to $132.51 million, simultaneously with a float of $112.12 million. The organization now has a market capitalization sitting at $573.78 million. At the time of writing, stock’s 50-day Moving Average stood at $4.37, while the 200-day Moving Average is $5.10.
NGL Energy Partners LP (NGL) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Midstream industry. NGL Energy Partners LP’s current insider ownership accounts for 15.39%, in contrast to 35.29% institutional ownership. According to the most recent insider trade that took place on Feb 14 ’24, this organization’s Director bought 69,899 shares at the rate of 5.82, making the entire transaction reach 406,742 in total value, affecting insider ownership by 629,500. Preceding that transaction, on Feb 13 ’24, Company’s Director bought 30,101 for 5.81, making the whole transaction’s value amount to 174,824. This particular insider is now the holder of 559,601 in total.
NGL Energy Partners LP (NGL) Earnings and Revenue Records
NGL Energy Partners LP’s EPS increase for this current 12-month fiscal period is 119.91% and is forecasted to reach 0.79 in the upcoming year.
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 0.96. The Stock has managed to achieve an average true range (ATR) of 0.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.09. Similarly, its price to free cash flow for trailing twelve months is now 4.52.
In the same vein, NGL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.17, a figure that is expected to reach 0.21 in the next quarter, and analysts are predicting that it will be 0.79 at the market close of one year from today.
Technical Analysis of NGL Energy Partners LP (NGL)
Going through the that latest performance of [NGL Energy Partners LP, NGL]. Its last 5-days volume of 0.38 million indicated improvement to the volume of 0.36 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 64.02% While, its Average True Range was 0.23.
Raw Stochastic average of NGL Energy Partners LP (NGL) in the period of the previous 100 days is set at 34.27%, which indicates a major fall in contrast to 75.38% 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 47.64% that was higher than 41.57% volatility it exhibited in the past 100-days period.
