Northern Oil and Gas Inc (NYSE:NOG) currently has a daily average trading volume of 1.96M but it saw 1959781 shares traded in last market. With a market cap of 2.48B USD, the company’s current market price of $25.08 came rising about 3.21 while comparing to the previous closing price of $24.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $44.31 and as low as $19.88. In the recent trading on the day, stock has struck highest price mark of $24.25 while lowest mark touched by it was $25.46.
Taking a look at 20-day trading activity of Northern Oil and Gas Inc (NOG) gives us an average price of $23.53, while its current price level is -43.40% below from 52-week high level whereas it is 26.16% 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 $27.51 while that of 200 days or SMA-200 reads an average of $35.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.34% during that period while stretching the period over a month that increases to 7.70%. 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 48.61 which implies that the stock is in neutral territory.
Mizuho downgraded its recommendation for the stock as a “Neutral” from “Outperform” on December 16, 2024 while assigning a price target of $47. RBC Capital Mkts also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $43 and $45.
Over the week, NOG’s stock price is moving 5.60% up while it is -16.04% when we observe its performance for the past one month. Year-to-date it is -32.51% down and over the past year, the stock is showing a downside performance of -42.40%.
The company is expected to be releasing its next quarterly report on 2025-Apr-28, for which analysts forecasted an EPS of 1.03 while estimate for next year EPS is 4.49. In next quarter, company is expected to be making quarterly sales of $553.25M as analysts are expecting the sales for current fiscal year at $2.26B and seeing the company making $2.26B in sales next year. Moreover, analysts are in estimates of $544.1M for current-quarter revenue.
Currently, Northern Oil and Gas Inc’s total number of outstanding shares is 98.70M with 7.55% of that held by the insiders while 115.22% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.74% and return on equity (ROE) at 29.41%. It has a price to earnings ratio (P/E ratio) of 3.91 while having a 6.34 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 1.03 while price to sale or P/S ratio amounts to 1.12. Its return on asset (ROA) is 12.57% on average.
