On Tuesday, New Fortress Energy Inc (NASDAQ: NFE) was 3.40% up from the session before settling in for the closing price of $9.71. A 52-week range for NFE has been $7.82 – $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
Utilities Sector giant saw their annual sales surged by 96.21% over the last five years. When this article was written, the company’s average yearly earnings per share was at -93.85%. With a float of $156.16 million, this company’s outstanding shares have now reached $205.00 million.
The firm has a total of 1390 workers. Let’s measure their productivity. In terms of profitability, gross margin is 41.87%, operating margin of 29.11%, and the pretax margin is 11.05%.
New Fortress Energy Inc (NFE) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward New Fortress Energy Inc stocks. The insider ownership of New Fortress Energy Inc is 37.89%, while institutional ownership is 48.08%. The most recent insider transaction that took place on Oct 01 ’24, was worth 49,999,993. In this transaction Chief Executive Officer of this company bought 5,793,742 shares at a rate of $8.63, taking the stock ownership to the 35,721,915 shares.
New Fortress Energy Inc (NFE) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.01 earnings per share (EPS) during the time that was better than consensus figure (set at 0.82) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -93.85% per share during the next fiscal year.
New Fortress Energy Inc (NASDAQ: NFE) Trading Performance Indicators
You can see what New Fortress Energy Inc (NFE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.55 in one year’s time.
Technical Analysis of New Fortress Energy Inc (NFE)
Analysing the last 5-days average volume posted by the [New Fortress Energy Inc, NFE], we can find that recorded value of 4.21 million was better than the volume posted last year of 3.02 million. As of the previous 9 days, the stock’s Stochastic %D was 91.75%. Additionally, its Average True Range was 0.65.
During the past 100 days, New Fortress Energy Inc’s (NFE) raw stochastic average was set at 12.07%, which indicates a significant decrease from 97.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.91% in the past 14 days, which was lower than the 88.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.22, while its 200-day Moving Average is $20.02. Now, the first resistance to watch is $10.25. This is followed by the second major resistance level at $10.45. The third major resistance level sits at $10.84. If the price goes on to break the first support level at $9.66, it is likely to go to the next support level at $9.27. Now, if the price goes above the second support level, the third support stands at $9.07.
New Fortress Energy Inc (NASDAQ: NFE) Key Stats
There are 251,419K outstanding shares of the company, which has a market capitalization of 2.52 billion. As of now, sales total 2,413 M while income totals 547,880 K. Its latest quarter income was 567,540 K while its last quarter net income were 9,300 K.
