Nomad Foods Limited (NYSE:NOMD) currently has a daily average trading volume of 885.60K but it saw 989478 shares traded in last market. With a market cap of 2.65B USD, the company’s current market price of $17.30 came falling about -1.14 while comparing to the previous closing price of $17.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.81 and as low as $15.43.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which upgraded the stock as “Buy” in its note to investors issued on February 27, 2023, recommending a price target of $21 for it. Credit Suisse downgraded its recommendation for the stock as a “Neutral” from “Outperform” on January 05, 2023 while assigning a price target range of $25-$20. UBS issued its recommendations for the stock as it initiated the price target for the stock is $26.
Over the week, NOMD’s stock price is moving -4.10% down while it is -10.92% when we observe its performance for the past one month. Year-to-date it is 3.10% up and over the past year, the stock is showing a downside performance of -5.72%.
Currently, Nomad Foods Limited’s total number of outstanding shares is 153.51M with 18.60% of that held by the insiders while 78.64% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.74% and return on equity (ROE) at 8.59%. It has a price to earnings ratio (P/E ratio) of 11.43 while having a 7.59 of forward P/E ratio. Stock’s beta reads 0.74. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 0.80. Its return on asset (ROA) is 3.50% on average.
