Novagold Resources Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $4.88 on 07/24/24 and the lowest value was $2.45 on 03/12/24.
52-week price history of NG Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Novagold Resources Inc’s current trading price is -31.37% away from its 52-week high, while its distance from the 52-week low is 36.69%. The stock’s price range during the 52-week period has remained between $2.45 and $4.88. In the Basic Materials sector, the company’s shares saw a trading volume of around 1.18 million for the day, which was evidently lower than the average daily volume of 1.82 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Novagold Resources Inc (NG) has experienced a quarterly decline of -8.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.12B and boasts a workforce of 14 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.38, with a change in price of -0.04. Similarly, Novagold Resources Inc recorded 1,537,954 in trading volume during the last 100 days, posting a change of -1.19%.
NG Stock Stochastic Average
As of today, Novagold Resources Inc’s raw stochastic average for the last 50 days stands at 67.65%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 86.54%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 53.21% and 35.90%, respectively.
NG 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. The index has shown a price gain of 0.57% this year. Over the last six months, there has been a stronger performance of -21.20%. The price of NG fallen by 4.66% during the last 30 days period. For the last 5-days stocks have improved 10.53%.
