Nutrien Ltd (NTR) volume exceeds 1.97 million: A new investment opportunity for investors

Nutrien Ltd (NYSE: NTR) on Tuesday, plunged -0.47% from the previous trading day, before settling in for the closing price of $48.78. Within the past 52 weeks, NTR’s price has moved between $44.65 and $60.87.

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

A company in the Basic Materials sector has jumped its sales by 10.47% annually for the last half of the decade. The company achieved an average annual earnings per share of -22.23%. With a float of $493.23 million, this company’s outstanding shares have now reached $493.88 million.

In an organization with 25900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 29.97%, operating margin of 4.24%, and the pretax margin is 3.61%.

Nutrien Ltd (NTR) Insider Updates

Observing investor behavior towards Agricultural Inputs industry stocks is more important than anything else. The insider ownership of Nutrien Ltd is 0.04%, while institutional ownership is 73.15%.

Nutrien Ltd (NTR) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -22.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -12.50% during the next five years compared to 79.08% growth over the previous five years of trading.

Nutrien Ltd (NYSE: NTR) Trading Performance Indicators

Nutrien Ltd (NTR) is currently performing well based on its current performance indicators. A quick ratio of 0.82 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 0.90. Likewise, its price to free cash flow for the trailing twelve months is 9.79.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.48, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 3.53 in one year’s time.

Technical Analysis of Nutrien Ltd (NTR)

Let’s dig in a bit further. During the last 5-days, its volume was 1.77 million. That was inferior than the volume of 1.96 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 68.62%. Additionally, its Average True Range was 1.16.

During the past 100 days, Nutrien Ltd’s (NTR) raw stochastic average was set at 54.58%, which indicates a significant decrease from 74.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.25% in the past 14 days, which was lower than the 23.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.02, while its 200-day Moving Average is $50.77. However, in the short run, Nutrien Ltd’s stock first resistance to watch stands at $49.14. Second resistance stands at $49.73. The third major resistance level sits at $50.50. If the price goes on to break the first support level at $47.78, it is likely to go to the next support level at $47.01. Assuming the price breaks the second support level, the third support level stands at $46.42.

Nutrien Ltd (NYSE: NTR) Key Stats

Market capitalization of the company is 23.96 billion based on 493,910K outstanding shares. Right now, sales total 29,056 M and income totals 1,258 M. The company made 5,348 M in profit during its latest quarter, and 18,000 K in sales during its previous quarter.