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Newpark Resources Inc. (NR): The stock ticks all the boxes for top investors

Let’s start up with the current stock price of Newpark Resources Inc. (NR), which is $3.99 to be very precise. The Stock rose vividly during the last session to $4.25 after opening rate of $4.17 while the lowest price it went was recorded $3.87 before closing at $4.36.Recently in News on February 16, 2023, NEWPARK RESOURCES REPORTS FOURTH QUARTER 2022 RESULTS. Company reports revenues of $225 million, net income of $0.10 per diluted share and Adjusted Net Income of $0.07 per diluted share. You can read further details here

Newpark Resources Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.91 on 01/12/23, with the lowest value was $2.38 for the same time period, recorded on 09/26/22.

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Newpark Resources Inc. (NR) full year performance was -7.42%

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, Newpark Resources Inc. shares are logging -18.74% during the 52-week period from high price, and 67.30% 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 $2.38 and $4.91.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 984273 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 Newpark Resources Inc. (NR) recorded performance in the market was -3.86%, having the revenues showcasing 3.10% 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 361.81M, as it employees total of 1540 workers.

Newpark Resources Inc. (NR) in the eye of market guru’s

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.17, with a change in the price was noted +0.78. In a similar fashion, Newpark Resources Inc. posted a movement of +24.30% for the period of last 100 days, recording 633,048 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 NR is recording 0.27 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.22.

Newpark Resources Inc. (NR): Stocks Technical analysis and Trends

Raw Stochastic average of Newpark Resources Inc. in the period of last 50 days is set at 11.54%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.94%. In the last 20 days, the company’s Stochastic %K was 30.16% and its Stochastic %D was recorded 43.32%.

If we look into the earlier routines of Newpark Resources Inc., 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 -3.86%. Additionally, trading for the stock in the period of the last six months notably improved by 40.49%, alongside a downfall of -7.42% for the period of the last 12 months. The shares increased approximately by -16.35% in the 7-day charts and went down by -14.74% in the period of the last 30 days. Common stock shares were driven by 3.10% during last recorded quarter.

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