Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, NGL Energy Partners LP (NYSE: NGL) closed at $4.89 up 8.43% from its previous closing price of $4.51. In other words, the price has increased by $8.43 from its previous closing price. On the day, 1.35 million shares were traded. NGL stock price reached its highest trading level at $4.92 during the session, while it also had its lowest trading level at $4.54.
Ratios:
For a deeper understanding of NGL Energy Partners LP’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 113.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 4.30 whereas as Long-Term Debt/Eq ratio is at 4.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on February 18, 2021, Upgraded its rating to Neutral and sets its target price to $3 from $2 previously.
Wells Fargo Downgraded its Equal Weight to Underweight on July 22, 2020, while the target price for the stock was maintained at $4.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NGL now has a Market Capitalization of 645543552 and an Enterprise Value of 4712131584. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 0.796 whereas that against EBITDA is 9.319.
Stock Price History:
The Beta on a monthly basis for NGL is 1.67, which has changed by -0.14808363 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, NGL has reached a high of $6.20, while it has fallen to a 52-week low of $3.84. The 50-Day Moving Average of the stock is -3.00%, while the 200-Day Moving Average is calculated to be 1.41%.
Shares Statistics:
For the past three months, NGL has traded an average of 362.07K shares per day and 749320 over the past ten days. A total of 132.01M shares are outstanding, with a floating share count of 111.92M. Insiders hold about 14.82% of the company’s shares, while institutions hold 35.62% stake in the company. Shares short for NGL as of 1738281600 were 2572090 with a Short Ratio of 7.10, compared to 1735603200 on 2172864. Therefore, it implies a Short% of Shares Outstanding of 2572090 and a Short% of Float of 2.97.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 17.44.