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The closing price of Novagold Resources Inc (AMEX: NG) was $2.88 for the day, up 1.41% from the previous closing price of $2.84. In other words, the price has increased by $1.41 from its previous closing price. On the day, 1.43 million shares were traded. NG stock price reached its highest trading level at $2.95 during the session, while it also had its lowest trading level at $2.84.
Ratios:
Our analysis of NG’s different ratios will help us gain a deeper understanding of the company. 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 972529984 and an Enterprise Value of 1026782144.
Stock Price History:
The Beta on a monthly basis for NG is 0.72, which has changed by -0.07987219 over the last 52 weeks, in comparison to a change of 0.07455289 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 $2.26. The 50-Day Moving Average of the stock is -6.95%, while the 200-Day Moving Average is calculated to be -20.46%.
Shares Statistics:
NG traded an average of 2.54M shares per day over the past three months and 3926680 shares per day over the past ten days. A total of 334.65M shares are outstanding, with a floating share count of 244.72M. 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 1743379200 were 8249406 with a Short Ratio of 3.24, compared to 1740700800 on 8307598. Therefore, it implies a Short% of Shares Outstanding of 8249406 and a Short% of Float of 3.35.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
