Make Sure You Stick With New Fortress Energy Inc (NFE). It’s Bull Time Again

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

New Fortress Energy Inc is listed on the NASDAQ as a member of the Utilities sector and is a part of the Utilities – Regulated Gas industry. The current market capitalization of New Fortress Energy Inc is $5.92B. A total of 3.65 million shares were traded on the day, compared to an average of 1.50M shares.

In the most recent transaction, Catterall Desmond Iain bought 4,734 shares of NFE for 26.54 per share on May 26 ’23. After the transaction, the Director now owns 4,734 company shares. In a previous transaction on May 24 ’23, Jay Timothy W. bought 2,000 shares at 27.85 per share. NFE shares that Director owns now total 32,221.

Among the insiders who bought shares, Jay Timothy W. acquired of 250 shares on May 24 ’23 at a per-share price of $28.00. This resulted in the Director holding 8,555 shares of NFE after the transaction. In another insider transaction, Jay Timothy W. bought 3,000 shares at $28.28 per share on May 23 ’23. Company shares held by the Director now total 30,221.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. New Fortress Energy Inc pays an annual dividend of $0.40, resulting in a dividend yield of 1.39%, and it has a price to earnings (P/E) ratio of 13.16. NFE’s most recent ex-dividend date was 6/14/2024 when it declared a $0.10 quarterly dividend that was paid in cash on 6/27/2024. Previously, the company paid the dividend on 3/27/2024 with an ex-dividend date of 3/14/2024. The NFE stock dividend was $0.10 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NFE has a high of $40.04 and a low of $25.06.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NFE’s latest balance sheet shows that the firm has $187.51M in Cash & Short Term Investments as of fiscal 2021. There were $4.14B in debt and $562.51M in liabilities at the time. Its Book Value Per Share was $8.15, while its Total Shareholder’s Equity was $1.99B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NFE is Buy with a score of 4.00.

Most Popular

Related Posts