New Fortress Energy Inc (NASDAQ: NFE) kicked off on Monday, down -8.72% from the previous trading day, before settling in for the closing price of $1.72. Over the past 52 weeks, NFE has traded in a range of $1.26-$16.66.
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 5.11%. While this was happening, its average annual earnings per share was recorded -230.40%. With a float of $184.77 million, this company’s outstanding shares have now reached $274.20 million.
New Fortress Energy Inc (NFE) Insider and Institutional Ownership
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 69.23%. 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
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 -230.40% 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
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 0.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.84, a number that is poised to hit -0.76 in the next quarter and is forecasted to reach -1.56 in one year’s time.
Technical Analysis of New Fortress Energy Inc (NFE)
The latest stats from [New Fortress Energy Inc, NFE] show that its last 5-days average volume of 8.43 million was inferior to 11.36 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 11.47%.
During the past 100 days, New Fortress Energy Inc’s (NFE) raw stochastic average was set at 8.39%, which indicates a significant increase from 1.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1948 in the past 14 days, which was lower than the 0.3247 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1146, while its 200-day Moving Average is $5.7583. Now, the first resistance to watch is $1.6933. This is followed by the second major resistance level at $1.8167. The third major resistance level sits at $1.8833. If the price goes on to break the first support level at $1.5033, it is likely to go to the next support level at $1.4367. The third support level lies at $1.3133 if the price breaches the second support level.
New Fortress Energy Inc (NASDAQ: NFE) Key Stats
The company with the Market Capitalisation of 446.75 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.
