Daily Progress: New Gold Inc (NGD) Drop -7.66, Closing at 2.53

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In the latest session, New Gold Inc (AMEX: NGD) closed at $2.53 down -7.66% from its previous closing price of $2.74. In other words, the price has decreased by -$7.66 from its previous closing price. On the day, 16.44 million shares were traded. NGD stock price reached its highest trading level at $2.68 during the session, while it also had its lowest trading level at $2.48.

Ratios:

For a deeper understanding of New Gold Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.45.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NGD now has a Market Capitalization of 2007218432 and an Enterprise Value of 2310376960. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 162.18, and their Forward P/E ratio for the next fiscal year is 7.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.18 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 2.682 whereas that against EBITDA is 6.51.

Stock Price History:

Over the past 52 weeks, NGD has reached a high of $3.25, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is -10.73%, while the 200-Day Moving Average is calculated to be 19.80%.

Shares Statistics:

For the past three months, NGD has traded an average of 9.56M shares per day and 10945970 over the past ten days. A total of 790.90M shares are outstanding, with a floating share count of 751.85M. Insiders hold about 4.94% of the company’s shares, while institutions hold 52.87% stake in the company. Shares short for NGD as of 1728950400 were 5898517 with a Short Ratio of 0.62, compared to 1726185600 on 10017097.

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