A new trading day began on Tuesday, with NGL Energy Partners LP (NYSE: NGL) stock price up 3.22% from the previous day of trading, before settling in for the closing price of $4.66. NGL’s price has ranged from $3.84 to $6.20 over the past 52 weeks.
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Energy Sector giant saw their annual sales slid by -0.47% over the last five years. Meanwhile, its annual earnings per share averaged 114.77%. With a float of $112.45 million, this company’s outstanding shares have now reached $132.01 million.
The firm has a total of 607 workers. Let’s measure their productivity. In terms of profitability, gross margin is 10.94%, operating margin of 2.76%, and the pretax margin is -2.88%.
NGL Energy Partners LP (NGL) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of NGL Energy Partners LP is 14.82%, while institutional ownership is 35.69%. The most recent insider transaction that took place on Feb 14 ’24, was worth 406,742. In this transaction Director of this company bought 69,899 shares at a rate of $5.82, taking the stock ownership to the 629,500 shares. Before that another transaction happened on Feb 13 ’24, when Company’s Director bought 30,101 for $5.81, making the entire transaction worth $174,824. This insider now owns 559,601 shares in total.
NGL Energy Partners LP (NGL) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 114.77% per share during the next fiscal year.
NGL Energy Partners LP (NYSE: NGL) Trading Performance Indicators
Here are NGL Energy Partners LP’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.10. Likewise, its price to free cash flow for the trailing twelve months is 50.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.33, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.73 in one year’s time.
Technical Analysis of NGL Energy Partners LP (NGL)
Analysing the last 5-days average volume posted by the [NGL Energy Partners LP, NGL], we can find that recorded value of 0.53 million was better than the volume posted last year of 0.36 million. As of the previous 9 days, the stock’s Stochastic %D was 59.60%. Additionally, its Average True Range was 0.20.
During the past 100 days, NGL Energy Partners LP’s (NGL) raw stochastic average was set at 73.48%, which indicates a significant increase from 72.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.75% in the past 14 days, which was lower than the 42.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.42, while its 200-day Moving Average is $4.96. Now, the first resistance to watch is $4.91. This is followed by the second major resistance level at $5.01. The third major resistance level sits at $5.18. If the price goes on to break the first support level at $4.64, it is likely to go to the next support level at $4.47. Now, if the price goes above the second support level, the third support stands at $4.37.
NGL Energy Partners LP (NYSE: NGL) Key Stats
With a market capitalization of 634.98 million, the company has a total of 132,013K Shares Outstanding. Currently, annual sales are 6,957 M while annual income is -143,760 K. The company’s previous quarter sales were 1,353 M while its latest quarter income was 2,460 K.
