Northern Oil and Gas Inc (NYSE:NOG) currently has a daily average trading volume of 1.96M but it saw 1882782 shares traded in last market. With a market cap of 2.90B USD, the company’s current market price of $29.4 came rising about 2.37 while comparing to the previous closing price of $28.72. 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 $28.77 while lowest mark touched by it was $29.56.
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 -5.95% down while it is 6.91% when we observe its performance for the past one month. Year-to-date it is -23.52% down and over the past year, the stock is showing a downside performance of -20.88%.
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 117.60% 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 4.58 while having a 7.91 of forward P/E ratio. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 1.21 while price to sale or P/S ratio amounts to 1.31. Its return on asset (ROA) is 12.57% on average.
