On Friday, New Fortress Energy Inc (NASDAQ: NFE) was 14.42% up from the session before settling in for the closing price of $2.15. A 52-week range for NFE has been $1.26 – $16.66.
Annual sales at Energy sector company grew by 5.11% over the past five years. When this article was written, the company’s average yearly earnings per share was at -140.40%. With a float of $184.81 million, this company’s outstanding shares have now reached $274.20 million.
New Fortress Energy Inc (NFE) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward New Fortress Energy Inc stocks. The insider ownership of New Fortress Energy Inc is 35.05%, while institutional ownership is 70.49%. 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.05 earnings per share (EPS) during the time that was better than consensus figure (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 -140.40% per share during the next fiscal year.
New Fortress Energy Inc (NASDAQ: NFE) Trading Performance Indicators
You can see what New Fortress Energy Inc (NFE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.84, a number that is poised to hit -0.49 in the next quarter and is forecasted to reach -0.84 in one year’s time.
Technical Analysis of New Fortress Energy Inc (NFE)
New Fortress Energy Inc (NASDAQ: NFE) saw its 5-day average volume 14.43 million, a positive change from its year-to-date volume of 11.39 million. As of the previous 9 days, the stock’s Stochastic %D was 29.27%.
During the past 100 days, New Fortress Energy Inc’s (NFE) raw stochastic average was set at 19.79%, which indicates a significant decrease from 61.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.39 in the past 14 days, which was higher than the 0.37 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.43, while its 200-day Moving Average is $6.72. Nevertheless, the first resistance level for the watch stands at $2.59 in the near term. At $2.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.94. If the price goes on to break the first support level at $2.24, it is likely to go to the next support level at $2.02. The third support level lies at $1.89 if the price breaches the second support level.
New Fortress Energy Inc (NASDAQ: NFE) Key Stats
There are 284,553K outstanding shares of the company, which has a market capitalization of 700.00 million. As of now, sales total 2,365 M while income totals -249,040 K. Its latest quarter income was 301,690 K while its last quarter net income were -554,630 K.
