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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Northern Oil and Gas Inc. (NYSE: NOG) closed at $35.41 up 0.68% from its previous closing price of $35.17. In other words, the price has increased by $0.68 from its previous closing price. On the day, 1.36 million shares were traded. NOG stock price reached its highest trading level at $35.67 during the session, while it also had its lowest trading level at $34.56.
Ratios:
For a deeper understanding of Northern Oil and Gas Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.91.
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 this company, Mizuho on September 19, 2024, initiated with a Outperform rating and assigned the stock a target price of $47.
On January 05, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $40.
BofA Securities Downgraded its Buy to Underperform on January 05, 2024, while the target price for the stock was maintained at $39.
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 Sep 03 ’24 when Dirlam Adam A. sold 836 shares for $38.78 per share. The transaction valued at 32,420 led to the insider holds 110,384 shares of the business.
Dirlam Adam A. sold 122 shares of NOG for $4,731 on Sep 03 ’24. The President now owns 17,157 shares after completing the transaction at $38.78 per share. On Sep 03 ’24, another insider, Allen Chad W, who serves as the CFO of the company, sold 500 shares for $38.78 each. As a result, the insider received 19,390 and left with 85,792 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 3547090432 and an Enterprise Value of 5397217280. As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.27, and their Forward P/E ratio for the next fiscal year is 6.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 2.738 whereas that against EBITDA is 3.737.
Stock Price History:
Over the past 52 weeks, NOG has reached a high of $43.80, while it has fallen to a 52-week low of $31.13. The 50-Day Moving Average of the stock is -6.51%, while the 200-Day Moving Average is calculated to be -6.57%.
Shares Statistics:
For the past three months, NOG has traded an average of 1.55M shares per day and 1718470 over the past ten days. A total of 100.76M shares are outstanding, with a floating share count of 92.78M. Insiders hold about 7.37% of the company’s shares, while institutions hold 107.18% stake in the company. Shares short for NOG as of 1726185600 were 15855550 with a Short Ratio of 10.25, compared to 1723680000 on 15051621. Therefore, it implies a Short% of Shares Outstanding of 15855550 and a Short% of Float of 25.430000000000003.
Dividends & Splits
According to the company, the forward annual dividend rate for NOG is 1.62, from 1.58 in the trailing year. Against a Trailing Annual Dividend Yield of 0.044924654
