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After finishing at $7.87 in the prior trading day, Newpark Resources, Inc (NYSE: NR) closed at $7.82, down -0.64%. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 1.0 million shares were traded. NR stock price reached its highest trading level at $8.0599 during the session, while it also had its lowest trading level at $7.74.
Ratios:
Our goal is to gain a better understanding of NR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.16. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, B. Riley Securities on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On March 08, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $10.
On December 05, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $12.H.C. Wainwright initiated its Buy rating on December 05, 2023, with a $12 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, NR now has a Market Capitalization of 680734144 and an Enterprise Value of 657421888. As of this moment, Newpark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.86, and their Forward P/E ratio for the next fiscal year is 21.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 0.878 whereas that against EBITDA is 9.499.
Stock Price History:
Over the past 52 weeks, NR has reached a high of $8.65, while it has fallen to a 52-week low of $5.61. The 50-Day Moving Average of the stock is 7.07%, while the 200-Day Moving Average is calculated to be 4.08%.
Shares Statistics:
The stock has traded on average 701.95K shares per day over the past 3-months and 746550 shares per day over the last 10 days, according to various share statistics. A total of 86.50M shares are outstanding, with a floating share count of 77.82M. Insiders hold about 10.03% of the company’s shares, while institutions hold 85.63% stake in the company. Shares short for NR as of 1732838400 were 1183830 with a Short Ratio of 1.52, compared to 1730332800 on 1373388. Therefore, it implies a Short% of Shares Outstanding of 1183830 and a Short% of Float of 1.4199998999999999.
