NET Power Inc (NYSE:NPWR) price on Thursday, March 20, fall -2.26% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.03.
A look at the stock’s price movement, the close in the last trading session was $3.10, moving within a range at $2.96 and $3.23. The beta value (5-Year monthly) was 0.07. Turning to its 52-week performance, $14.28 and $2.28 were the 52-week high and 52-week low respectively. Overall, NPWR moved -62.13% over the past month.
NET Power Inc’s market cap currently stands at around $659.41 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-09.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 666.67k, representing a 166.67% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NPWR is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
10 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 8 recommend NPWR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
NPWR’s current price about -43.45% and -59.14% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 19.49, while 7-day volatility ratio is 7.18% and 14.33% in the 30-day chart. Further, NET Power Inc (NPWR) has a beta value of 0.37, and an average true range (ATR) of 0.63. Analysts have given the company’s stock an average 52-week price target of $3, forecast between a low of $3 and high of $3. Looking at the price targets, the low is 0.99% off current price level while to achieve the yearly target high, price needs to move 0.99%. Nonetheless, investors will most likely welcome a 0.99% jump to $3 which is the analysts’ median price.
If we refocus on NET Power Inc (NYSE:NPWR), historical trading data shows that trading volumes averaged 3.33 over the past 10 days and 1.02 million over the past 3 months. The company’s latest data on shares outstanding shows there are 76.76 million shares.
The 59.57% of NET Power Inc’s shares are in the hands of company insiders while institutional holders own 41.59% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.3 million on 2025-02-28, giving us a short ratio of 7.63. The data shows that as of 2025-02-28 short interest in NET Power Inc (NPWR) stood at 809.0 of shares outstanding, with shares short rising to 3.23 million registered in 2025-01-31. Current price change has pushed the stock -71.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NPWR stock continues to rise going into the next quarter.
