Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, NET Power Inc (NYSE: NPWR) closed at $6.74 up 3.22% from its previous closing price of $6.53. In other words, the price has increased by $3.22 from its previous closing price. On the day, 0.52 million shares were traded.
Ratios:
For a deeper understanding of NET Power Inc’s stock, let’s take a closer look at its various 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:
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 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:
As of this moment, NET’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 5807.71 while its Price-to-Book (P/B) ratio in mrq is 0.66.
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 $6.17. The 50-Day Moving Average of the stock is -23.66%, while the 200-Day Moving Average is calculated to be -26.64%.
Shares Statistics:
A total of 75.24M shares are outstanding, with a floating share count of 30.42M. Insiders hold about 59.57% of the company’s shares, while institutions hold 42.60% stake in the company.
