New Gold Inc (AMEX:NGD) currently has a daily average trading volume of 10.71M but it saw 13869812 shares traded in last market. With a market cap of 2.24B USD, the company’s current market price of $2.83 came rising about 4.04 while comparing to the previous closing price of $2.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.25 and as low as $1.10.
Taking a look at 20-day trading activity of New Gold Inc (NGD) gives us an average price of $2.96, while its current price level is -12.92% below from 52-week high level whereas it is 157.27% 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 $2.78 while that of 200 days or SMA-200 reads an average of $2.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.71% during that period while stretching the period over a month that decreases to 4.76%. 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 47.58 which implies that the stock is in neutral territory.
Over the week, NGD’s stock price is moving -1.74% down while it is 0.71% when we observe its performance for the past one month. Year-to-date it is 14.11% up and over the past year, the stock is showing an upside performance of 146.09%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.0 while estimate for next year EPS is 0.39. In next quarter, company is expected to be making quarterly sales of $316.16M as analysts are expecting the sales for current fiscal year at $1.16B and seeing the company making $1.67B in sales next year. Moreover, analysts are in estimates of $286.16M for current-quarter revenue.
Currently, New Gold Inc’s total number of outstanding shares is 790.93M with 3.97% of that held by the insiders while 62.26% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.07% and return on equity (ROE) at 11.14%. It has a price to earnings ratio (P/E ratio) of 22.69 while having a 4.24 of forward P/E ratio. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 2.13 while price to sale or P/S ratio amounts to 2.45. Its return on asset (ROA) is 4.78% on average.
