New Gold Inc (NGD) 14-day ATR is 0.12: This Stock is Set to Soar Above its Peers

New Gold Inc (AMEX: NGD) started the day on Thursday, with a price decrease of -1.03% at $2.87, before settling in for the price of $2.90 at the close. Taking a more long-term approach, NGD posted a 52-week range of $1.09-$3.25.

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It was noted that the giant of the Basic Materials sector posted annual sales growth of 6.76% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 46.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 179.07%. This publicly-traded company’s shares outstanding now amounts to $790.90 million, simultaneously with a float of $760.06 million. The organization now has a market capitalization sitting at $2.27 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.81, while the 200-day Moving Average is $2.24.

New Gold Inc (NGD) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Gold Industry. New Gold Inc’s current insider ownership accounts for 3.90%, in contrast to 55.12% institutional ownership.

New Gold Inc (NGD) Earnings and Revenue Records

New Gold Inc’s EPS increase for this current 12-month fiscal period is 179.07% and is forecasted to reach 0.35 in the upcoming year.

New Gold Inc (AMEX: NGD) Trading Performance Indicators

Let’s observe the current performance indicators for New Gold Inc (NGD). It’s Quick Ratio in the last reported quarter now stands at 0.84. The Stock has managed to achieve an average true range (ATR) of 0.12. Alongside those numbers, its PE Ratio stands at $183.97, and its Beta score is 1.32. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.67. Similarly, its price to free cash flow for trailing twelve months is now 33.42.

In the same vein, NGD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.02, a figure that is expected to reach 0.07 in the next quarter, and analysts are predicting that it will be 0.35 at the market close of one year from today.

Technical Analysis of New Gold Inc (NGD)

If we take a close look at the recent performances of New Gold Inc (AMEX: NGD), its last 5-days Average volume was 6.57 million that shows plunge from its year to date volume of 8.23 million. During the previous 9 days, stock’s Stochastic %D was recorded 80.39% While, its Average True Range was 0.12.

Raw Stochastic average of New Gold Inc (NGD) in the period of the previous 100 days is set at 70.99%, which indicates a major fall in contrast to 79.07% 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 50.39% that was lower than 53.09% volatility it exhibited in the past 100-days period.