New Fortress Energy Inc (NFE) concluded trading on Thursday at a closing price of $6.13, with 4.17 million shares of worth about $25.55 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.14% during that period and on May 08, 2025 the price saw a gain of about 3.03%. Currently the company’s common shares owned by public are about 266.46M shares, out of which, 178.05M shares are available for trading.
Stock saw a price change of 7.92% in past 5 days and over the past one month there was a price change of 13.10%. Year-to-date (YTD), NFE shares are showing a performance of -59.46% which decreased to -76.58% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.72 but also hit the highest price of $29.11 during that period. The average intraday trading volume for New Fortress Energy Inc shares is 7.15 million. The stock is currently trading 9.28% above its 20-day simple moving average (SMA20), while that difference is down -20.47% for SMA50 and it goes to -44.86% lower than SMA200.
New Fortress Energy Inc (NASDAQ: NFE) currently have 266.46M outstanding shares and institutions hold larger chunk of about 67.20% of that.
The stock has a current market capitalization of $1.68B and its 3Y-monthly beta is at 1.43. 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 7.21% while standing at 11.02% over the month.
Stock’s fiscal year EPS is expected to rise by 21.95% while it is estimated to decrease by -26.56% in next year. EPS is likely to shrink at an annualized rate of -10.63% for next 5-years, compared to annual growth of 5.11% made by the stock over the past 5-years.
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.
