Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Northern Oil and Gas Inc (NYSE: NOG) closed the day trading at $27.62 down -2.81% from the previous closing price of $28.42. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 3.18 million shares were traded.
Ratios:
For a better understanding of NOG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
On December 16, 2024, Mizuho Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $47.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on November 20, 2024, whereas the target price for the stock was revised from $43 to $45.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’25 when Akradi Bahram bought 40,000 shares for $28.03 per share. The transaction valued at 1,121,360 led to the insider holds 1,662,016 shares of the business.
Allen Chad W bought 6,000 shares of NOG for $168,000 on Mar 03 ’25. On Mar 03 ’25, another insider, Dirlam Adam A., who serves as the Officer of the company, bought 17,160 shares for $10.94 each.
Valuation Measures:
As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.37, and their Forward P/E ratio for the next fiscal year is 5.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.18.
Stock Price History:
Over the past 52 weeks, NOG has reached a high of $44.31, while it has fallen to a 52-week low of $28.33. The 50-Day Moving Average of the stock is -24.25%, while the 200-Day Moving Average is calculated to be -27.75%.
Shares Statistics:
A total of 99.11M shares are outstanding, with a floating share count of 91.81M. Insiders hold about 7.37% of the company’s shares, while institutions hold 113.09% stake in the company.
