Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
New Fortress Energy Inc (NASDAQ: NFE) closed the day trading at $5.52 down -5.96% from the previous closing price of $5.87. In other words, the price has decreased by -$5.96 from its previous closing price. On the day, 5.05 million shares were traded. NFE stock price reached its highest trading level at $5.7807 during the session, while it also had its lowest trading level at $5.48.
Ratios:
For a better understanding of NFE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 5.11 whereas as Long-Term Debt/Eq ratio is at 4.75.
On October 03, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $35 to $15.
Deutsche Bank Downgraded its Hold to Sell on October 01, 2024, whereas the target price for the stock was revised from $21 to $7.60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’25 when Guinta Christopher S. bought 5,000 shares for $8.57 per share. The transaction valued at 42,850 led to the insider holds 206,653 shares of the business.
EDENS WESLEY R bought 100,000 shares of NFE for $907,000 on Mar 12 ’25. The Chief Executive Officer now owns 36,021,915 shares after completing the transaction at $9.07 per share. On Mar 11 ’25, another insider, EDENS WESLEY R, who serves as the Chief Executive Officer of the company, bought 200,000 shares for $8.77 each. As a result, the insider paid 1,754,000 and bolstered with 35,921,915 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, NFE now has a Market Capitalization of 1607043200 and an Enterprise Value of 10729927680. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 4.558 whereas that against EBITDA is 13.467.
Stock Price History:
The Beta on a monthly basis for NFE is 1.45, which has changed by -0.7947955 over the last 52 weeks, in comparison to a change of 0.07995045 over the same period for the S&P500. Over the past 52 weeks, NFE has reached a high of $29.11, while it has fallen to a 52-week low of $4.72. The 50-Day Moving Average of the stock is -36.84%, while the 200-Day Moving Average is calculated to be -53.53%.
Shares Statistics:
Over the past 3-months, NFE traded about 6.94M shares per day on average, while over the past 10 days, NFE traded about 7963420 shares per day. A total of 266.46M shares are outstanding, with a floating share count of 177.78M. Insiders hold about 35.05% of the company’s shares, while institutions hold 65.48% stake in the company. Shares short for NFE as of 1744675200 were 48264434 with a Short Ratio of 6.96, compared to 1741910400 on 38831359. Therefore, it implies a Short% of Shares Outstanding of 48264434 and a Short% of Float of 32.810003.
Dividends & Splits
NFE’s forward annual dividend rate is 0.10, up from 0.3 a year ago. Against a Trailing Annual Dividend Yield of 0.05110733
