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Newpark Resources, Inc (NYSE: NR) closed the day trading at $7.85 down -1.63% from the previous closing price of $7.98. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 0.58 million shares were traded. NR stock price reached its highest trading level at $8.03 during the session, while it also had its lowest trading level at $7.665.
Ratios:
For a better understanding of NR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.22. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, B. Riley Securities on April 09, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On March 08, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $10.
On December 05, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $12.H.C. Wainwright initiated its Buy rating on December 05, 2023, with a $12 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, NR now has a Market Capitalization of 690248128 and an Enterprise Value of 660016768. As of this moment, Newpark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.93, and their Forward P/E ratio for the next fiscal year is 21.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 0.882 whereas that against EBITDA is 9.537.
Stock Price History:
Over the past 52 weeks, NR has reached a high of $8.65, while it has fallen to a 52-week low of $5.61. The 50-Day Moving Average of the stock is 8.29%, while the 200-Day Moving Average is calculated to be 4.80%.
Shares Statistics:
Over the past 3-months, NR traded about 698.19K shares per day on average, while over the past 10 days, NR traded about 760090 shares per day. A total of 86.50M shares are outstanding, with a floating share count of 77.82M. Insiders hold about 10.03% of the company’s shares, while institutions hold 85.67% stake in the company. Shares short for NR as of 1731628800 were 1064513 with a Short Ratio of 1.52, compared to 1728950400 on 1601540. Therefore, it implies a Short% of Shares Outstanding of 1064513 and a Short% of Float of 1.28.
