Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $9.28 in the prior trading day, New Fortress Energy Inc (NASDAQ: NFE) closed at $8.85, down -4.63%. In other words, the price has decreased by -$4.63 from its previous closing price. On the day, 9.68 million shares were traded. NFE stock price reached its highest trading level at $9.24 during the session, while it also had its lowest trading level at $8.555.
Ratios:
Our goal is to gain a better understanding of NFE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 5.11 whereas as Long-Term Debt/Eq ratio is at 4.75.
On October 03, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $35 to $15.
Deutsche Bank Downgraded its Hold to Sell on October 01, 2024, whereas the target price for the stock was revised from $21 to $7.60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’25 when Guinta Christopher S. bought 5,000 shares for $8.57 per share. The transaction valued at 42,850 led to the insider holds 206,653 shares of the business.
EDENS WESLEY R bought 100,000 shares of NFE for $907,000 on Mar 12 ’25. The Chief Executive Officer now owns 36,021,915 shares after completing the transaction at $9.07 per share. On Mar 11 ’25, another insider, EDENS WESLEY R, who serves as the Chief Executive Officer of the company, bought 200,000 shares for $8.77 each. As a result, the insider paid 1,754,000 and bolstered with 35,921,915 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, NFE now has a Market Capitalization of 2422882304 and an Enterprise Value of 11641587712. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 4.945 whereas that against EBITDA is 14.611.
Stock Price History:
The Beta on a monthly basis for NFE is 1.46, which has changed by -0.7061753 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, NFE has reached a high of $30.80, while it has fallen to a 52-week low of $7.58. The 50-Day Moving Average of the stock is -25.72%, while the 200-Day Moving Average is calculated to be -33.51%.
Shares Statistics:
The stock has traded on average 5.21M shares per day over the past 3-months and 6242700 shares per day over the last 10 days, according to various share statistics. A total of 266.50M shares are outstanding, with a floating share count of 177.82M. Insiders hold about 35.05% of the company’s shares, while institutions hold 65.58% stake in the company. Shares short for NFE as of 1741910400 were 38831359 with a Short Ratio of 7.46, compared to 1739491200 on 32258409. Therefore, it implies a Short% of Shares Outstanding of 38831359 and a Short% of Float of 26.400000000000002.
Dividends & Splits
In the trailing 12 months, NFE’s forward annual dividend rate was 0.3, compared to 0.10 this year. Against a Trailing Annual Dividend Yield of 0.03232759
