Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Novagold Resources Inc’s stock clocked out at $3.45, up 5.83% from its previous closing price of $3.26. In other words, the price has increased by $5.83 from its previous closing price. On the day, 2.59 million shares were traded. NG stock price reached its highest trading level at $3.5 during the session, while it also had its lowest trading level at $3.276.
Ratios:
To gain a deeper understanding of NG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 22.91 and its Current Ratio is at 22.91.
On December 19, 2017, B. Riley FBR Inc. started tracking the stock assigning a Buy rating and target price of $7.B. Riley FBR Inc. initiated its Buy rating on December 19, 2017, with a $7 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NG now has a Market Capitalization of 1164937344 and an Enterprise Value of 1205758720.
Stock Price History:
The Beta on a monthly basis for NG is 1.03, which has changed by 0.25454545 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, NG has reached a high of $4.88, while it has fallen to a 52-week low of $2.46. The 50-Day Moving Average of the stock is 7.14%, while the 200-Day Moving Average is calculated to be -6.69%.
Shares Statistics:
It appears that NG traded 1.98M shares on average per day over the past three months and 2521680 shares per day over the past ten days. A total of 334.57M shares are outstanding, with a floating share count of 244.74M. Insiders hold about 26.87% of the company’s shares, while institutions hold 58.72% stake in the company. Shares short for NG as of 1740700800 were 8307598 with a Short Ratio of 4.20, compared to 1738281600 on 8722668. Therefore, it implies a Short% of Shares Outstanding of 8307598 and a Short% of Float of 2.52.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
