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In the latest session, NGL Energy Partners LP (NYSE: NGL) closed at $4.86 up 3.40% from its previous closing price of $4.70. In other words, the price has increased by $3.40 from its previous closing price. On the day, 2.1 million shares were traded. NGL stock price reached its highest trading level at $4.86 during the session, while it also had its lowest trading level at $4.62.
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 16.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 2.86 whereas as Long-Term Debt/Eq ratio is at 2.82.
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.
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 Feb 14 ’24 when COLLINGSWORTH JAMES M bought 69,899 shares for $5.82 per share. The transaction valued at 406,742 led to the insider holds 629,500 shares of the business.
COLLINGSWORTH JAMES M bought 30,101 shares of NGL for $174,824 on Feb 13 ’24. The Director now owns 559,601 shares after completing the transaction at $5.81 per share.
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 644013184 and an Enterprise Value of 4422546944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 4.80. Its current Enterprise Value per Revenue stands at 0.636 whereas that against EBITDA is 7.852.
Stock Price History:
The Beta on a monthly basis for NGL is 1.66, which has changed by 0.27894735 over the last 52 weeks, in comparison to a change of 0.24125004 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 $3.68. The 50-Day Moving Average of the stock is -10.02%, while the 200-Day Moving Average is calculated to be -6.26%.
Shares Statistics:
For the past three months, NGL has traded an average of 446.05K shares per day and 471940 over the past ten days. A total of 132.51M shares are outstanding, with a floating share count of 112.57M. Insiders hold about 15.05% of the company’s shares, while institutions hold 31.60% stake in the company. Shares short for NGL as of 1719532800 were 3364007 with a Short Ratio of 7.54, compared to 1717113600 on 3288316. Therefore, it implies a Short% of Shares Outstanding of 3364007 and a Short% of Float of 3.8599998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 17.44.
