New Fortress Energy Inc (NASDAQ:NFE) shares, rose in value on Wednesday, April 16, with the stock price up by 11.24% to the previous day’s close as strong demand from buyers drove the stock to $5.54.
Actively observing the price movement in the last trading, the stock closed the session at $4.98, falling within a range of $4.715 and $5.59. The value of beta (5-year monthly) was 1.5. Referring to stock’s 52-week performance, its high was $29.11, and the low was $4.80. On the whole, NFE has fluctuated by -43.76% over the past month.
With the market capitalization of New Fortress Energy Inc currently standing at about $1.52 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-02. The company’s Forward Dividend Ratio is 0.10, with its dividend yield at 1.81%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.58B, with a low estimate of 481.67M and a high estimate of 614.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 548.09M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NFE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NFE currently trading nearly -29.61% and -42.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.63, while the 7-day volatility ratio is showing 14.13% which for the 30-day chart, stands at 15.36%. Furthermore, New Fortress Energy Inc (NFE)’s beta value is 1.51, and its average true range (ATR) is 1.05.
A comparison of New Fortress Energy Inc (NFE) with its peers suggests the former has fared considerably weaker in the market. NFE showed an intraday change of 11.24% in last session, and over the past year, it shrunk by -80.20%%.
Data on historical trading for New Fortress Energy Inc (NASDAQ:NFE) indicates that the trading volumes over the past 10 days have averaged 11.71 and over the past 3 months, they’ve averaged 6.56 million. According to company’s latest data on outstanding shares, there are 266.50 million shares outstanding.
Nearly 35.05% of New Fortress Energy Inc’s shares belong to company insiders and institutional investors own 65.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 39.85 million shares as on 2025-03-31, resulting in a short ratio of 5.37. According to the data, the short interest in New Fortress Energy Inc (NFE) stood at 2709.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 31.65 million. The stock has fallen by -63.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NFE stock heading into the next quarter.
