Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Northern Dynasty Minerals Ltd (AMEX: NAK) was $2.64 for the day, down -4.35% from the previous closing price of $2.76. In other words, the price has decreased by -$4.35 from its previous closing price. On the day, 50.08 million shares were traded. NAK stock price reached its highest trading level at $2.92 during the session, while it also had its lowest trading level at $2.5.
Ratios:
Our analysis of NAK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.32. In the meantime, Its Debt-to-Equity ratio is 2.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on October 19, 2017, initiated with a Buy rating and assigned the stock a target price of $2.50.
On December 21, 2016, Gabelli & Co started tracking the stock assigning a Buy rating and target price of $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAK now has a Market Capitalization of 1462199552 and an Enterprise Value of 1434873728.
Stock Price History:
The Beta on a monthly basis for NAK is -0.85, which has changed by 5.6 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, NAK has reached a high of $2.98, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 134.59%, while the 200-Day Moving Average is calculated to be 158.26%.
Shares Statistics:
NAK traded an average of 15.39M shares per day over the past three months and 40050400 shares per day over the past ten days. A total of 551.75M shares are outstanding, with a floating share count of 542.43M. Insiders hold about 1.69% of the company’s shares, while institutions hold 13.85% stake in the company. Shares short for NAK as of 1759190400 were 28831921 with a Short Ratio of 1.87, compared to 1756425600 on 24743695. Therefore, it implies a Short% of Shares Outstanding of 28831921 and a Short% of Float of 5.94.
Earnings Estimates
. The current rating of Northern Dynasty Minerals Ltd (NAK) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between -$0.04 and -$0.11 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is -$0.04, with 2.0 analysts recommending between -$0.04 and -$0.04.
