New Fortress Energy Inc (NASDAQ:NFE) currently has a daily average trading volume of 10.29M but it saw 10586638 shares traded in last market. With a market cap of 769.08M USD, the company’s current market price of $2.81 came rising about 7.47 while comparing to the previous closing price of $2.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.44 and as low as $2.26.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Deutsche Bank which upgraded the stock as “Hold” in its note to investors issued on December 04, 2024, recommending a price target of $11 for it. Morgan Stanley downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on October 03, 2024 while assigning a price target range of $35-$15. Deutsche Bank issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $21 and $7.60.
Over the week, NFE’s stock price is moving 11.75% up while it is -46.26% when we observe its performance for the past one month. Year-to-date it is -81.45% down and over the past year, the stock is showing a downside performance of -89.79%.
Currently, New Fortress Energy Inc’s total number of outstanding shares is 273.80M with 39.13% of that held by the insiders while 77.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -4.73% and return on equity (ROE) at -28.47%. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 0.44 while price to sale or P/S ratio amounts to 0.36. Its return on asset (ROA) is -4.19% on average.
