Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $32.19 in the prior trading day, Northern Oil and Gas Inc (NYSE: NOG) closed at $32.08, down -0.34%. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 2.15 million shares were traded.
Ratios:
Our goal is to gain a better understanding of NOG by taking a closer look at 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:
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 Feb 03 ’25 when Romslo Erik J. sold 1,500 shares for $35.63 per share. The transaction valued at 53,451 led to the insider holds 96,394 shares of the business.
Allen Chad W sold 500 shares of NOG for $20,165 on Jan 10 ’25. The CFO now owns 75,814 shares after completing the transaction at $40.33 per share. On Jan 06 ’25, another insider, Dirlam Adam A., who serves as the President of the company, sold 836 shares for $39.00 each. As a result, the insider received 32,604 and left with 96,223 shares of the company.
Valuation Measures:
As of this moment, Northern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.23, and their Forward P/E ratio for the next fiscal year is 6.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 1.37.
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 $32.14. The 50-Day Moving Average of the stock is -13.92%, while the 200-Day Moving Average is calculated to be -16.53%.
Shares Statistics:
A total of 99.11M shares are outstanding, with a floating share count of 91.81M. Insiders hold about 7.37% of the company’s shares, while institutions hold 113.06% stake in the company.
