New Fortress Energy Inc (NASDAQ: NFE) on Friday, soared 12.14% 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 $188.98 million, this company’s outstanding shares have now reached $284.60 million.
New Fortress Energy Inc (NFE) Insider Updates
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of New Fortress Energy Inc is 33.59%, while institutional ownership is 60.03%. 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
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 -0.32 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 0.25.
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.
Technical Analysis of New Fortress Energy Inc (NFE)
Let’s dig in a bit further. During the last 5-days, its volume was 27.26 million. That was better than the volume of 12.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.50%.
During the past 100 days, New Fortress Energy Inc’s (NFE) raw stochastic average was set at 14.92%, which indicates a significant decrease from 82.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1860 in the past 14 days, which was lower than the 0.2712 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5974, while its 200-day Moving Average is $3.9732. However, in the short run, New Fortress Energy Inc’s stock first resistance to watch stands at $1.6933. Second resistance stands at $1.8167. The third major resistance level sits at $1.9333. If the price goes on to break the first support level at $1.4533, it is likely to go to the next support level at $1.3367. Assuming the price breaks the second support level, the third support level stands at $1.2133.
New Fortress Energy Inc (NASDAQ: NFE) Key Stats
Market capitalization of the company is 446.75 million based on 284,553K outstanding shares. Right now, sales total 2,365 M and income totals -249,040 K. The company made 327,370 K in profit during its latest quarter, and -299,660 K in sales during its previous quarter.
