The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. New Gold Inc’s current trading price is -1.31% away from its 52-week high, while its distance from the 52-week low is 125.86%. The stock’s price range for this period has been between $1.74 and $3.98 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 26.6 million for the day, a number notably higher than the average daily volume of 21.98 million over the last three months.
New Gold Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $3.98 on 04/30/25 and the lowest value was $1.74 on 05/14/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
New Gold Inc (NGD) has experienced a quarterly rise of 35.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.11B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.05, with a change in price of +1.11. Similarly, New Gold Inc recorded 17,297,172 in trading volume during the last 100 days, posting a change of +39.36%.
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 NGD stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.49.
NGD Stock Stochastic Average
As of today, New Gold Inc’s raw stochastic average for the last 50 days stands at 96.22%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 95.19%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 90.59% and 87.20%, respectively.
NGD Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a gain of 58.47%.However, over the last six months, we can see a weaker performance of 37.89%. Over the last 30 days, the price of NGD has fallen by 11.02%. And in the last five days, it has surged by 16.62%.