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Understanding NGL Energy Partners LP Inc. (NGL) Price Performance Through Chart Patterns

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 3.41%. However, over the past six months, we’ve seen a weaker performance of 52.79%. The price of NGL leaped by -1.71% over the last 30 days. And in the last five days, it has fallen by -1.20%.

In terms of market performance, NGL Energy Partners LP had a fairly even. The highest value for the stock in the past year was $6.20 on 03/15/24, and the lowest value was recorded at $2.63 on 05/04/23.

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52-week price history of NGL Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. NGL Energy Partners LP’s current trading price is -7.02% away from its 52-week high, while its distance from the 52-week low is 119.01%. The stock’s price range during this period has varied between$2.63 and $6.20. The NGL Energy Partners LP’s shares, which operate in the Energy, saw a trading volume of around 0.28 million for the day, a figure considerably lower than their average daily volume of 0.41 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

NGL Energy Partners LP (NGL) has experienced a quarterly rise of 6.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 763.26M and boasts a workforce of 638 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 5.23, with a change in price of +1.54. Similarly, NGL Energy Partners LP recorded 462,192 in trading volume during the last 100 days, posting a change of +36.49%.

NGL’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 NGL stands at 1.92. Similarly, the long-term debt-to-equity ratio is also 1.90.

NGL Stock Stochastic Average

NGL Energy Partners LP’s raw stochastic average for the past 50 days is presently 64.49%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 7.45%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.37% and 8.90%, respectively.

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