Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $2.98 in the prior trading day, Novagold Resources Inc (AMEX: NG) closed at $2.92, down -2.01%. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 1.96 million shares were traded. NG stock price reached its highest trading level at $2.955 during the session, while it also had its lowest trading level at $2.85.
Ratios:
Our goal is to gain a better understanding of NG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 47.82 and its Current Ratio is at 47.82.
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 985666432 and an Enterprise Value of 1028395968.
Stock Price History:
The Beta on a monthly basis for NG is 0.73, which has changed by -0.039473712 over the last 52 weeks, in comparison to a change of 0.101756096 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 $2.75. The 50-Day Moving Average of the stock is -8.11%, while the 200-Day Moving Average is calculated to be -20.11%.
Shares Statistics:
The stock has traded on average 2.17M shares per day over the past 3-months and 2356600 shares per day over the last 10 days, according to various share statistics. A total of 334.65M shares are outstanding, with a floating share count of 244.74M. Insiders hold about 26.87% of the company’s shares, while institutions hold 58.69% stake in the company. Shares short for NG as of 1741910400 were 8473095 with a Short Ratio of 3.90, compared to 1739491200 on 8679093. Therefore, it implies a Short% of Shares Outstanding of 8473095 and a Short% of Float of 3.44.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
