New Gold Inc (AMEX: NGD) kicked off on Friday, down -3.96% from the previous trading day, before settling in for the closing price of $3.03. Over the past 52 weeks, NGD has traded in a range of $1.09-$3.25.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 7.15%. While this was happening, its average annual earnings per share was recorded 170.74%. With a float of $759.82 million, this company’s outstanding shares have now reached $790.90 million.
Considering the fact that the conglomerate employs 1542 people, you should pay attention to its efficiency factor. 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 Activity
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 3.93%, while institutional ownership is 54.68%.
New Gold Inc (NGD) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 170.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 104.06% during the next five years compared to 46.46% growth over the previous five years of trading.
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 2.71. Likewise, its price to free cash flow for the trailing twelve months is 33.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.33 in one year’s time.
Technical Analysis of New Gold Inc (NGD)
Compared to the last year’s volume of 12.3 million, its volume of 14.24 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 42.41%. Additionally, its Average True Range was 0.14.
During the past 100 days, New Gold Inc’s (NGD) raw stochastic average was set at 58.54%, which indicates a significant increase from 29.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.00% in the past 14 days, which was higher than the 46.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.79, while its 200-day Moving Average is $2.51. Nevertheless, the first resistance level for the watch stands at $3.04 in the near term. At $3.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.25. If the price goes on to break the first support level at $2.83, it is likely to go to the next support level at $2.74. Should the price break the second support level, the third support level stands at $2.62.
New Gold Inc (AMEX: NGD) Key Stats
The company with the Market Capitalisation of 2.30 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.
