Market Insights: NET Power Inc (NPWR)’s Notable Gain of 1.89, Closing at 10.79

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As of close of business last night, NET Power Inc’s stock clocked out at $10.79, up 1.89% from its previous closing price of $10.59. In other words, the price has increased by $1.89 from its previous closing price. On the day, 0.66 million shares were traded. NPWR stock price reached its highest trading level at $11.17 during the session, while it also had its lowest trading level at $10.43.

Ratios:

To gain a deeper understanding of NPWR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.96 and its Current Ratio is at 20.96. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, Barclays on April 10, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $13.

On July 14, 2023, Janney started tracking the stock assigning a Buy rating and target price of $36.

On July 05, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $15.Citigroup initiated its Neutral rating on July 05, 2023, with a $15 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 22 ’24 when NPEH, LLC sold 431,009 shares for $12.76 per share. The transaction valued at 5,499,244 led to the insider holds 0 shares of the business.

8 Rivers Capital, LLC sold 431,009 shares of NPWR for $5,499,244 on Nov 22 ’24. The 10% Owner now owns 0 shares after completing the transaction at $12.76 per share. On Nov 22 ’24, another insider, PATEL AKASH S., who serves as the Chief Financial Officer of the company, sold 150,000 shares for $12.65 each. As a result, the insider received 1,897,170 and left with 0 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, NPWR now has a Market Capitalization of 811930240 and an Enterprise Value of 1734209664. As of this moment, NET’s Price-to-Earnings (P/E) ratio for their current fiscal year is 99.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 9297.50 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 6936.838 whereas that against EBITDA is -12.242.

Stock Price History:

Over the past 52 weeks, NPWR has reached a high of $14.28, while it has fallen to a 52-week low of $6.57. The 50-Day Moving Average of the stock is 1.70%, while the 200-Day Moving Average is calculated to be 11.76%.

Shares Statistics:

It appears that NPWR traded 673.56K shares on average per day over the past three months and 691280 shares per day over the past ten days. A total of 75.24M shares are outstanding, with a floating share count of 29.84M. Insiders hold about 60.35% of the company’s shares, while institutions hold 39.05% stake in the company. Shares short for NPWR as of 1734048000 were 2827593 with a Short Ratio of 4.20, compared to 1731628800 on 3168058. Therefore, it implies a Short% of Shares Outstanding of 2827593 and a Short% of Float of 6.94.

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