For the readers interested in the stock health of NGL Energy Partners LP (NGL). It is currently valued at $1.75. When the transactions were called off in the previous session, Stock hit the highs of $1.76, after setting-off with the price of $1.60. Company’s stock value dipped to $1.56 during the trading on the day. When the trading was stopped its value was $1.54.Recently in News on June 6, 2022, NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2022 Financial Results; Guidance for Fiscal 2023. NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its fourth quarter and full year fiscal 2022 results. The Partnership reported a loss from continuing operations of $29.4 million for the quarter ended March 31, 2022 and $184.1 million for its full fiscal year 2022. You can read further details here
NGL Energy Partners LP had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.8000 on 02/04/22, with the lowest value was $1.5000 for the same time period, recorded on 06/17/22.
NGL Energy Partners LP (NGL) full year performance was -22.57%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, NGL Energy Partners LP shares are logging -39.86% during the 52-week period from high price, and 26.81% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.38 and $2.91.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1326892 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the NGL Energy Partners LP (NGL) recorded performance in the market was -3.85%, having the revenues showcasing -23.91% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 234.66M, as it employees total of 842 workers.
Specialists analysis on NGL Energy Partners LP (NGL)
During the last month, 0 analysts gave the NGL Energy Partners LP a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.1338, with a change in the price was noted -0.28. In a similar fashion, NGL Energy Partners LP posted a movement of -13.79% for the period of last 100 days, recording 1,045,865 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NGL is recording 8.36 at the time of this writing. In addition, long term Debt to Equity ratio is set at 8.35.
Trends and Technical analysis: NGL Energy Partners LP (NGL)
Raw Stochastic average of NGL Energy Partners LP in the period of last 50 days is set at 29.76%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 39.06%. In the last 20 days, the company’s Stochastic %K was 17.19% and its Stochastic %D was recorded 11.05%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -3.85%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -10.26%, alongside a downfall of -22.57% for the period of the last 12 months. The shares increased approximately by 2.34% in the 7-day charts and went up by -10.26% in the period of the last 30 days. Common stock shares were lifted by -23.91% during last recorded quarter.