The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.86 in the prior trading day, Northern Dynasty Minerals Ltd (AMEX: NAK) closed at $0.88, up 1.95%. In other words, the price has increased by $1.95 from its previous closing price. On the day, 4.23 million shares were traded. NAK stock price reached its highest trading level at $0.8948 during the session, while it also had its lowest trading level at $0.85.
Ratios:
Our goal is to gain a better understanding of NAK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.32. In the meantime, Its Debt-to-Equity ratio is 2.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, H.C. Wainwright on October 19, 2017, initiated with a Buy rating and assigned the stock a target price of $2.50.
On December 21, 2016, Gabelli & Co started tracking the stock assigning a Buy rating and target price of $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAK now has a Market Capitalization of 483773504 and an Enterprise Value of 462029632.
Stock Price History:
The Beta on a monthly basis for NAK is -0.64, which has changed by 1.6666667 over the last 52 weeks, in comparison to a change of 0.1716845 over the same period for the S&P500. Over the past 52 weeks, NAK has reached a high of $2.40, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -25.03%, while the 200-Day Moving Average is calculated to be -2.70%.
Shares Statistics:
The stock has traded on average 13.94M shares per day over the past 3-months and 4366430 shares per day over the last 10 days, according to various share statistics. A total of 541.30M shares are outstanding, with a floating share count of 529.64M. Insiders hold about 1.69% of the company’s shares, while institutions hold 14.11% stake in the company. Shares short for NAK as of 1755216000 were 24346488 with a Short Ratio of 1.75, compared to 1752537600 on 22174420. Therefore, it implies a Short% of Shares Outstanding of 24346488 and a Short% of Float of 5.0200000000000005.
Earnings Estimates
As of right now, 1.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.04 and -$0.11 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is -$0.04, with 2.0 analysts recommending between -$0.04 and -$0.04.
