On Friday, Northern Oil and Gas Inc (NYSE: NOG) was -1.25% drop from the session before settling in for the closing price of $36.02. A 52-week range for NOG has been $31.13 – $44.31.
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A company in the Energy sector has jumped its sales by 55.24% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -16.99%. With a float of $92.44 million, this company’s outstanding shares have now reached $99.83 million.
In an organization with 38 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 34.39%, operating margin of 44.17%, and the pretax margin is 54.05%.
Northern Oil and Gas Inc (NOG) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Northern Oil and Gas Inc stocks. The insider ownership of Northern Oil and Gas Inc is 7.39%, while institutional ownership is 110.99%. The most recent insider transaction that took place on Dec 02 ’24, was worth 43,650. In this transaction CFO of this company sold 1,000 shares at a rate of $43.65, taking the stock ownership to the 81,792 shares. Before that another transaction happened on Dec 02 ’24, when Company’s President sold 1,672 for $43.65, making the entire transaction worth $72,983. This insider now owns 104,532 shares in total.
Northern Oil and Gas Inc (NOG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -16.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.00% during the next five years compared to 10.56% growth over the previous five years of trading.
Northern Oil and Gas Inc (NYSE: NOG) Trading Performance Indicators
You can see what Northern Oil and Gas Inc (NOG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.82. Likewise, its price to free cash flow for the trailing twelve months is 31.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.33, a number that is poised to hit 1.29 in the next quarter and is forecasted to reach 5.07 in one year’s time.
Technical Analysis of Northern Oil and Gas Inc (NOG)
Let’s dig in a bit further. During the last 5-days, its volume was 2.61 million. That was better than the volume of 1.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 2.87%. Additionally, its Average True Range was 1.36.
During the past 100 days, Northern Oil and Gas Inc’s (NOG) raw stochastic average was set at 21.54%, which indicates a significant increase from 4.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.43% in the past 14 days, which was lower than the 38.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.62, while its 200-day Moving Average is $39.17. However, in the short run, Northern Oil and Gas Inc’s stock first resistance to watch stands at $36.69. Second resistance stands at $37.81. The third major resistance level sits at $38.55. If the price goes on to break the first support level at $34.83, it is likely to go to the next support level at $34.09. The third support level lies at $32.97 if the price breaches the second support level.
Northern Oil and Gas Inc (NYSE: NOG) Key Stats
There are 99,825K outstanding shares of the company, which has a market capitalization of 3.51 billion. As of now, sales total 2,166 M while income totals 922,970 K. Its latest quarter income was 753,640 K while its last quarter net income were 298,450 K.
