New Gold Inc (AMEX: NGD) kicked off on Friday, down -1.19% from the previous trading day, before settling in for the closing price of $2.52. Over the past 52 weeks, NGD has traded in a range of $1.09-$3.25.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 6.76%. While this was happening, its average annual earnings per share was recorded 186.21%. With a float of $760.16 million, this company’s outstanding shares have now reached $790.90 million.
The extent of productivity of a business whose workforce counts for 1542 workers is very important to gauge. In terms of profitability, gross margin is 16.31%, operating margin of 11.12%, and the pretax margin is -1.5%.
New Gold Inc (NGD) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of New Gold Inc is 3.89%, while institutional ownership is 55.13%.
New Gold Inc (NGD) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 186.21% per share during the next fiscal year.
New Gold Inc (AMEX: NGD) Trading Performance Indicators
Take a look at New Gold Inc’s (NGD) current performance indicators. Last quarter, stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.32. Likewise, its price to free cash flow for the trailing twelve months is 29.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of New Gold Inc (NGD)
The latest stats from [New Gold Inc, NGD] show that its last 5-days average volume of 6.57 million was inferior to 8.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.86%. Additionally, its Average True Range was 0.11.
During the past 100 days, New Gold Inc’s (NGD) raw stochastic average was set at 37.19%, which indicates a significant increase from 6.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.00% in the past 14 days, which was lower than the 51.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.75, while its 200-day Moving Average is $2.34. Now, the first resistance to watch is $2.52. This is followed by the second major resistance level at $2.54. The third major resistance level sits at $2.58. If the price goes on to break the first support level at $2.46, it is likely to go to the next support level at $2.42. Assuming the price breaks the second support level, the third support level stands at $2.40.
New Gold Inc (AMEX: NGD) Key Stats
The company with the Market Capitalisation of 1.97 billion has total of 790,930K Shares Outstanding. Its annual sales at the moment are 786,500 K in contrast with the sum of -64,500 K annual income. Company’s last quarter sales were recorded 252,000 K and last quarter income was 37,900 K.
