New Gold Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $3.25 on 09/25/24, and the lowest price during the same period was recorded at $0.86 on 10/02/23.
52-week price history of NGD Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. New Gold Inc’s current trading price is -8.62% away from its 52-week high, while its distance from the 52-week low is 245.35%. The stock’s price range for this period has remained between $0.86 and $3.25. The Basic Materials sector company’s shares managed to surpass a trading volume of around 5.0 million for the day, which was noticeably lower compared to the shares’ average daily volume of 8.76 million over the last three months.
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Financial Performance and Market Capitalization
New Gold Inc (NGD) has experienced a quarterly rise of 52.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.35B and boasts a workforce of 1542 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.29, with a change in price of +1.09. Similarly, New Gold Inc recorded 9,318,101 in trading volume during the last 100 days, posting a change of +58.87%.
NGD Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NGD stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.52.
NGD Stock Stochastic Average
As of today, the raw stochastic average of New Gold Inc over the past 50 days is 77.48%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 68.62%. Additionally, the Stochastic %K and %D values for the company were 80.67% and 87.34%, respectively, over the past 20 days.
NGD Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 103.42%. However, over the last six months, the performance has been weaker by 74.71%. The price of NGD increased 20.24% over the last 30 days. And in the last five days, it has fallen by -4.50%.
