Newpark Resources, Inc (NYSE: NR) on Tuesday, soared 0.28% from the previous trading day, before settling in for the closing price of $7.15. Within the past 52 weeks, NR’s price has moved between $5.61 and $8.65.
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Annual sales at Energy sector company slipped by -0.78% over the past five years. The company achieved an average annual earnings per share of -7.53%. With a float of $77.82 million, this company’s outstanding shares have now reached $85.20 million.
Let’s look at the performance matrix of the company that is accounted for 1550 employees. In terms of profitability, gross margin is 20.78%, operating margin of 6.52%, and the pretax margin is 4.34%.
Newpark Resources, Inc (NR) Insider Updates
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Newpark Resources, Inc is 10.03%, while institutional ownership is 85.56%.
Newpark Resources, Inc (NR) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.04 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.08) by -0.04. 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 -7.53% per share during the next fiscal year.
Newpark Resources, Inc (NYSE: NR) Trading Performance Indicators
Newpark Resources, Inc (NR) is currently performing well based on its current performance indicators. A quick ratio of 2.00 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 15.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of Newpark Resources, Inc (NR)
Newpark Resources, Inc (NYSE: NR) saw its 5-day average volume 0.64 million, a negative change from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 44.35%. Additionally, its Average True Range was 0.28.
During the past 100 days, Newpark Resources, Inc’s (NR) raw stochastic average was set at 35.60%, which indicates a significant decrease from 57.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.31% in the past 14 days, which was higher than the 44.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.07, while its 200-day Moving Average is $7.39. Nevertheless, the first resistance level for the watch stands at $7.25 in the near term. At $7.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.47. If the price goes on to break the first support level at $7.03, it is likely to go to the next support level at $6.90. Assuming the price breaks the second support level, the third support level stands at $6.81.
Newpark Resources, Inc (NYSE: NR) Key Stats
Market capitalization of the company is 620.19 million based on 86,497K outstanding shares. Right now, sales total 749,600 K and income totals 14,520 K. The company made 44,210 K in profit during its latest quarter, and -174,300 K in sales during its previous quarter.
