With 3.04 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.38 million shares. The 52-week range on NG shows that it touched its highest point at $5.06 and its lowest point at $2.26 during that stretch. It currently has a 1-year price target of $6.45. Beta for the stock currently stands at 0.70.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NG was down-trending over the past week, with a drop of -2.77%, but this was up by 61.30% over a month. Three-month performance surged to 30.75% while six-month performance rose 21.68%. The stock gained 40.33% in the past year, while it has gained 26.43% so far this year. A look at the trailing 12-month EPS for NG yields -0.13 with Next year EPS estimates of -0.13. For the next quarter, that number is -0.04. This implies an EPS growth rate of 3.57% for this year and 3.70% for next year.
Float and Shares Shorts:
At present, 334.65 million NG shares are outstanding with a float of 245.44 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NG since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.13078 being high and -$0.15694 being low. For NG, this leads to a yearly average estimate of -$0.14386.
