New Fortress Energy Inc (NASDAQ: NFE) on Friday, soared 1.43% from the previous trading day, before settling in for the closing price of $1.4. Within the past 52 weeks, NFE’s price has moved between $0.98 and $16.66.
A company in the Energy sector has jumped its sales by 5.11% annually for the last half of the decade. The company achieved an average annual earnings per share of -253.60%. With a float of $190.35 million, this company’s outstanding shares have now reached $284.60 million.
New Fortress Energy Inc (NFE) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of New Fortress Energy Inc is 33.10%, while institutional ownership is 60.00%. 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
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.13 earnings per share (EPS) for the period topping the consensus outlook (set at 0.06) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -253.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.72% during the next five years compared to 5.11% growth over the previous five years of trading.
New Fortress Energy Inc (NASDAQ: NFE) Trading Performance Indicators
New Fortress Energy Inc (NFE) is currently performing well based on its current performance indicators. A quick ratio of 0.15 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.93, a number that is poised to hit -0.63 in the next quarter and is forecasted to reach -1.43 in one year’s time.
