Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, New Gold Inc’s stock clocked out at $3.11, up 2.64% from its previous closing price of $3.03. In other words, the price has increased by $2.64 from its previous closing price. On the day, 13.42 million shares were traded. NGD stock price reached its highest trading level at $3.14 during the session, while it also had its lowest trading level at $3.015.
Ratios:
To gain a deeper understanding of NGD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.22. 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 2459702016 and an Enterprise Value of 2769099008. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 199.36, and their Forward P/E ratio for the next fiscal year is 8.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 2.47. Its current Enterprise Value per Revenue stands at 3.214 whereas that against EBITDA is 7.802.
Stock Price History:
The Beta on a monthly basis for NGD is 1.34, which has changed by 1.4435484 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. 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 12.98%, while the 200-Day Moving Average is calculated to be 25.85%.
Shares Statistics:
It appears that NGD traded 9.57M shares on average per day over the past three months and 14643530 shares per day over the past ten days. A total of 790.90M shares are outstanding, with a floating share count of 759.99M. Insiders hold about 3.91% of the company’s shares, while institutions hold 54.31% stake in the company. Shares short for NGD as of 1736899200 were 6907776 with a Short Ratio of 0.72, compared to 1734048000 on 5743909.
