Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. New Fortress Energy Inc’s current trading price is -66.63% away from its 52-week high, while its distance from the 52-week low is 67.52%. The stock’s price range over this period has fluctuated between $7.82 and $39.26. The company, operating within the financial sector, had a trading volume of approximately 4.86 million for the day, which was noticeably lower than the average daily share volume of 5.75 million over the last 3 months.
New Fortress Energy Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $39.26 on 12/26/23 and the lowest value was $7.82 on 11/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
New Fortress Energy Inc (NFE) has experienced a quarterly rise of 22.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.29B and boasts a workforce of 1390 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.65, with a change in price of -12.50. Similarly, New Fortress Energy Inc recorded 5,191,036 in trading volume during the last 100 days, posting a change of -48.83%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NFE stands at 5.19. Similarly, the long-term debt-to-equity ratio is also 4.43.
NFE Stock Stochastic Average
Today’s raw stochastic average for New Fortress Energy Inc over the last 50 days is 95.65%.This indicates a increase from the raw stochastic average of the past 20 days, which was 95.13%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 96.05% and 94.88%, respectively.
NFE Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -65.28% this year. Over the last six months, there has been a stronger performance of -41.23%. The price of NFE fallen by 44.91% during the last 30 days period. For the last 5-days stocks have improved 24.17%.
