New Gold Inc (AMEX: NGD) Emerges As Guiding Light For Investors

New Gold Inc (AMEX:NGD) currently has a daily average trading volume of 9.83M but it saw 4503391 shares traded in last market. With a market cap of 2.27B USD, the company’s current market price of $2.87 came falling about -1.03 while comparing to the previous closing price of $2.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.25 and as low as $1.09. In the recent trading on the day, stock has struck highest price mark of $2.84 while lowest mark touched by it was $2.92.

Taking a look at 20-day trading activity of New Gold Inc (NGD) gives us an average price of $2.72, while its current price level is -11.69% below from 52-week high level whereas it is 163.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.81 while that of 200 days or SMA-200 reads an average of $2.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.82% during that period while stretching the period over a month that increases to 4.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.87 which implies that the stock is in neutral territory.

Over the week, NGD’s stock price is moving 4.74% up while it is 4.74% when we observe its performance for the past one month. Year-to-date it is 96.58% up and over the past year, the stock is showing an upside performance of 109.49%.

Currently, New Gold Inc’s total number of outstanding shares is 790.90M. Company’s return on investment (ROI) stands at 1.39% and return on equity (ROE) at 2.14%. It has a price to earnings ratio (P/E ratio) of 183.97 while having a 8.26 of forward P/E ratio. Stock’s beta reads 1.32. Stock has a price to book (P/B) ratio of 2.28 while price to sale or P/S ratio amounts to 2.67. Its return on asset (ROA) is 0.95% on average.