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After finishing at $38.51 in the prior trading day, Northern Oil and Gas Inc (NYSE: NOG) closed at $36.81, down -4.41%. In other words, the price has decreased by -$4.41 from its previous closing price. On the day, 2.5 million shares were traded. NOG stock price reached its highest trading level at $39.38 during the session, while it also had its lowest trading level at $36.75.
Ratios:
Our goal is to gain a better understanding of NOG 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 106.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.84.
On November 20, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also upped its target price recommendation from $43 to $45.
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 Dec 02 ’24 when Allen Chad W sold 1,000 shares for $43.65 per share. The transaction valued at 43,650 led to the insider holds 81,792 shares of the business.
Dirlam Adam A. sold 1,672 shares of NOG for $72,983 on Dec 02 ’24. The President now owns 104,532 shares after completing the transaction at $43.65 per share. On Dec 02 ’24, another insider, Dirlam Adam A., who serves as the President of the company, sold 244 shares for $43.65 each. As a result, the insider received 10,651 and left with 16,303 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, NOG now has a Market Capitalization of 3674565632 and an Enterprise Value of 5574237184. As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.42, and their Forward P/E ratio for the next fiscal year is 7.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 2.787 whereas that against EBITDA is 2.969.
Stock Price History:
Over the past 52 weeks, NOG has reached a high of $44.31, while it has fallen to a 52-week low of $31.13. The 50-Day Moving Average of the stock is -7.41%, while the 200-Day Moving Average is calculated to be -6.03%.
Shares Statistics:
The stock has traded on average 1.24M shares per day over the past 3-months and 1320770 shares per day over the last 10 days, according to various share statistics. A total of 99.83M shares are outstanding, with a floating share count of 92.44M. Insiders hold about 7.39% of the company’s shares, while institutions hold 110.99% stake in the company. Shares short for NOG as of 1732838400 were 14495318 with a Short Ratio of 11.66, compared to 1730332800 on 15604919. Therefore, it implies a Short% of Shares Outstanding of 14495318 and a Short% of Float of 23.380000000000003.
Dividends & Splits
In the trailing 12 months, NOG’s forward annual dividend rate was 1.62, compared to 1.62 this year. Against a Trailing Annual Dividend Yield of 0.042067
