A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 6.78% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 16.23%. Over the past 30 days, the price of NR has fallen by 16.61%. And in the last five days, it has surged by 6.30%.
Newpark Resources, Inc. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $7.62 on 12/05/23, while the lowest value for the same period was recorded at $3.40 on 05/31/23.
52-week price history of NR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Newpark Resources, Inc.’s current trading price is -7.02% away from its 52-week high, while its distance from the 52-week low is 108.53%. The stock’s price range during this period has varied between$3.40 and $7.62. The Newpark Resources, Inc.’s shares, which operate in the Energy, saw a trading volume of around 0.67 million for the day, a figure considerably lower than their average daily volume of 0.77 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Newpark Resources, Inc. (NR) has experienced a quarterly rise of 6.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 604.07M and boasts a workforce of 1550 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.69, with a change in price of +0.14. Similarly, Newpark Resources, Inc. recorded 808,627 in trading volume during the last 100 days, posting a change of +2.01%.
NR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NR stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.18.
NR Stock Stochastic Average
Newpark Resources, Inc.’s raw stochastic average for the past 50 days is presently 96.10%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 96.10%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 95.34% and 95.17%, respectively.
