In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Northern Oil and Gas Inc’s stock clocked out at $23.43, down -0.55% from its previous closing price of $23.56. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 1.41 million shares were traded.
Ratios:
To gain a deeper understanding of NOG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
On December 16, 2024, Mizuho Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $47.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on November 20, 2024, whereas the target price for the stock was revised from $43 to $45.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 07 ’25 when O’GRADY NICHOLAS L. bought 1,000 shares for $27.48 per share. The transaction valued at 27,480 led to the insider holds 226,189 shares of the business.
Lasher Stuart G. bought 20,000 shares of NOG for $552,400 on Mar 04 ’25. The Director now owns 40,000 shares after completing the transaction at $27.62 per share. On Mar 04 ’25, another insider, Akradi Bahram, who serves as the Director of the company, bought 40,000 shares for $28.03 each. As a result, the insider paid 1,121,360 and bolstered with 1,662,016 shares of the company.
Valuation Measures:
As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.55, and their Forward P/E ratio for the next fiscal year is 5.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 1.00.
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 $19.88. The 50-Day Moving Average of the stock is -18.66%, while the 200-Day Moving Average is calculated to be -35.25%.
Shares Statistics:
A total of 99.11M shares are outstanding, with a floating share count of 95.97M. Insiders hold about 2.91% of the company’s shares, while institutions hold 113.52% stake in the company.
