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In the latest session, Northern Oil and Gas Inc (NYSE: NOG) closed at $36.13 up 0.08% from its previous closing price of $36.10. In other words, the price has increased by $0.08 from its previous closing price. On the day, 0.71 million shares were traded. NOG stock price reached its highest trading level at $36.25 during the session, while it also had its lowest trading level at $35.66.
Ratios:
For a deeper understanding of Northern Oil and Gas 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 104.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.84.
On November 20, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also upped its target price recommendation from $43 to $45.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 02 ’24 when Allen Chad W sold 1,000 shares for $43.65 per share. The transaction valued at 43,650 led to the insider holds 81,792 shares of the business.
Dirlam Adam A. sold 1,672 shares of NOG for $72,983 on Dec 02 ’24. The President now owns 104,532 shares after completing the transaction at $43.65 per share. On Dec 02 ’24, another insider, Dirlam Adam A., who serves as the President of the company, sold 244 shares for $43.65 each. As a result, the insider received 10,651 and left with 16,303 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOG now has a Market Capitalization of 3606684672 and an Enterprise Value of 5451096064. As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.34, and their Forward P/E ratio for the next fiscal year is 7.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 2.725 whereas that against EBITDA is 2.904.
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 $31.13. The 50-Day Moving Average of the stock is -8.38%, while the 200-Day Moving Average is calculated to be -7.74%.
Shares Statistics:
For the past three months, NOG has traded an average of 1.29M shares per day and 1915530 over the past ten days. A total of 99.83M shares are outstanding, with a floating share count of 92.44M. Insiders hold about 7.39% of the company’s shares, while institutions hold 110.99% stake in the company. Shares short for NOG as of 1732838400 were 14495318 with a Short Ratio of 11.34, compared to 1730332800 on 15604919. Therefore, it implies a Short% of Shares Outstanding of 14495318 and a Short% of Float of 23.380000000000003.
Dividends & Splits
According to the company, the forward annual dividend rate for NOG is 1.62, from 1.62 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04487535
