Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $31.26 in the prior trading day, Northern Oil and Gas Inc (NYSE: NOG) closed at $29.65, down -5.15%%. In other words, the price has decreased by -$5.15% from its previous closing price. On the day, 3.64 million shares were traded.
Ratios:
Our goal is to gain a better understanding of NOG by taking a closer 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 0.96 whereas as Long-Term Debt/Eq ratio is at 0.96.
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 Jun 02 ’25 when Allen Chad W bought 6,000 shares for $27.22 per share.
Dirlam Adam A. bought 17,160 shares of NOG for $463,320 on Jun 02 ’25. On Mar 07 ’25, another insider, O’GRADY NICHOLAS L., who serves as the CEO of the company, bought 1,000 shares for $27.48 each. As a result, the insider paid 27,480 and bolstered with 226,189 shares of the company.
Valuation Measures:
As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.62, and their Forward P/E ratio for the next fiscal year is 7.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 1.22.
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 $19.88. The 50-Day Moving Average of the stock is 10.17%, while the 200-Day Moving Average is calculated to be -12.33%.
Shares Statistics:
A total of 98.70M shares are outstanding, with a floating share count of 95.83M. Insiders hold about 2.91% of the company’s shares, while institutions hold 115.39% stake in the company.
