New Fortress Energy Inc (NFE) concluded trading on Wednesday at a closing price of $11.07, with 5.38 million shares of worth about $59.59 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.82% during that period and on March 26, 2025 the price saw a loss of about -6.97%. Currently the company’s common shares owned by public are about 266.50M shares, out of which, 177.82M shares are available for trading.
Stock saw a price change of 7.89% in past 5 days and over the past one month there was a price change of 5.43%. Year-to-date (YTD), NFE shares are showing a performance of -26.79% which decreased to -63.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.58 but also hit the highest price of $30.80 during that period. The average intraday trading volume for New Fortress Energy Inc shares is 5.03 million. The stock is currently trading 10.47% above its 20-day simple moving average (SMA20), while that difference is down -8.81% for SMA50 and it goes to -17.70% lower than SMA200.
New Fortress Energy Inc (NASDAQ: NFE) currently have 266.50M outstanding shares and institutions hold larger chunk of about 65.58% of that.
The stock has a current market capitalization of $3.03B and its 3Y-monthly beta is at 1.38. It has posted earnings per share of -$1.27 in the same period. It has Quick Ratio of 0.88 while making debt-to-equity ratio of 5.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NFE, volatility over the week remained 8.54% while standing at 9.43% over the month.
Stock’s fiscal year EPS is expected to rise by 81.43% while it is estimated to increase by 138.99% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on December 04, 2024 offering a Hold rating for the stock and assigned a target price of $11 to it. Coverage by Morgan Stanley stated New Fortress Energy Inc (NFE) stock as an Equal-weight in their note to investors on October 03, 2024, suggesting a price target of $15 for the stock. On October 01, 2024, Deutsche Bank Downgrade their recommendations, while on March 04, 2024, Deutsche Bank Downgrade their ratings for the stock with a price target of $35. Stock get an Equal weight rating from CapitalOne on December 19, 2023.
