New Fortress Energy Inc (NASDAQ: NFE) kicked off on Friday, down -6.22% from the previous trading day, before settling in for the closing price of $2.25. Over the past 52 weeks, NFE has traded in a range of $1.26-$16.66.
A company in the Energy sector has jumped its sales by 5.11% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -73.02%. With a float of $184.81 million, this company’s outstanding shares have now reached $274.20 million.
New Fortress Energy Inc (NFE) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of New Fortress Energy Inc is 35.05%, while institutional ownership is 70.52%. The most recent insider transaction that took place on Mar 13 ’25, was worth 42,850. In this transaction Chief Financial Officer of this company bought 5,000 shares at a rate of $8.57, taking the stock ownership to the 206,653 shares. Before that another transaction happened on Mar 12 ’25, when Company’s Chief Executive Officer bought 100,000 for $9.07, making the entire transaction worth $907,000. This insider now owns 36,021,915 shares in total.
New Fortress Energy Inc (NFE) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.05 earnings per share (EPS), higher than consensus estimate (set at 0.04) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.78 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around -73.02% per share during the next fiscal year.
New Fortress Energy Inc (NASDAQ: NFE) Trading Performance Indicators
Take a look at New Fortress Energy Inc’s (NFE) current performance indicators. Last quarter, stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.84, a number that is poised to hit -0.45 in the next quarter and is forecasted to reach -0.84 in one year’s time.
Technical Analysis of New Fortress Energy Inc (NFE)
Let’s dig in a bit further. During the last 5-days, its volume was 23.8 million. That was better than the volume of 11.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 54.57%.
During the past 100 days, New Fortress Energy Inc’s (NFE) raw stochastic average was set at 13.92%, which indicates a significant decrease from 46.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.36 in the past 14 days, which was lower than the 0.37 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.63, while its 200-day Moving Average is $6.99. However, in the short run, New Fortress Energy Inc’s stock first resistance to watch stands at $2.25. Second resistance stands at $2.40. The third major resistance level sits at $2.48. If the price goes on to break the first support level at $2.03, it is likely to go to the next support level at $1.95. Assuming the price breaks the second support level, the third support level stands at $1.80.
New Fortress Energy Inc (NASDAQ: NFE) Key Stats
The company with the Market Capitalisation of 600.41 million has total of 284,553K Shares Outstanding. Its annual sales at the moment are 2,365 M in contrast with the sum of -249,040 K annual income. Company’s last quarter sales were recorded 301,690 K and last quarter income was -554,630 K.
