Market Watch Highlights: New Gold Inc (NGD) Ends on an Upturn Note at 3.08

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

As of close of business last night, New Gold Inc’s stock clocked out at $3.08, up 2.67% from its previous closing price of $3.00. In other words, the price has increased by $2.67 from its previous closing price. On the day, 20.75 million shares were traded. NGD stock price reached its highest trading level at $3.12 during the session, while it also had its lowest trading level at $2.9606.

Ratios:

To gain a deeper understanding of NGD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.38.

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 2437699840 and an Enterprise Value of 2726604032. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.70, and their Forward P/E ratio for the next fiscal year is 4.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 while its Price-to-Book (P/B) ratio in mrq is 2.31. Its current Enterprise Value per Revenue stands at 2.949 whereas that against EBITDA is 6.363.

Stock Price History:

The Beta on a monthly basis for NGD is 1.05, which has changed by 0.8333334 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $3.25, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is 9.06%, while the 200-Day Moving Average is calculated to be 18.74%.

Shares Statistics:

It appears that NGD traded 13.03M shares on average per day over the past three months and 21732980 shares per day over the past ten days. A total of 790.93M shares are outstanding, with a floating share count of 760.39M. Insiders hold about 3.91% of the company’s shares, while institutions hold 54.04% stake in the company. Shares short for NGD as of 1740700800 were 11096787 with a Short Ratio of 0.61, compared to 1738281600 on 7977991.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Most Popular