Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, New Gold Inc (AMEX: NGD) closed at $2.66 down -1.48% from its previous closing price of $2.70. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 7.53 million shares were traded. NGD stock price reached its highest trading level at $2.69 during the session, while it also had its lowest trading level at $2.62.
Ratios:
For a deeper understanding of New Gold 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 14.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.98. 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 2113984512 and an Enterprise Value of 2413193984. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 170.51, and their Forward P/E ratio for the next fiscal year is 7.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 2.801 whereas that against EBITDA is 6.8.
Stock Price History:
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 -4.84%, while the 200-Day Moving Average is calculated to be 15.39%.
Shares Statistics:
For the past three months, NGD has traded an average of 9.44M shares per day and 8256570 over the past ten days. A total of 790.90M shares are outstanding, with a floating share count of 760.06M. Insiders hold about 3.90% of the company’s shares, while institutions hold 55.13% stake in the company. Shares short for NGD as of 1732838400 were 9293786 with a Short Ratio of 0.63, compared to 1730332800 on 7904185.
