Stocks of New Fortress Energy Inc (NASDAQ:NFE) traded higher last session on Wall Street, down -3.34% to $3.76.
NFE stock price is now 5.43% away from the 50-day moving average and -56.96% away from the 200-day moving average. The market capitalization of the company currently stands at $1.03B.
With the price target of $8.50, Compass Point recently initiated with Buy rating for New Fortress Energy Inc (NASDAQ: NFE). , while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, Guinta Christopher S., Chief Financial Officer bought 5,000 shares of the company’s stock on Mar 13 ’25. The stock was bought for $42,850 at an average price of $8.57. Upon completion of the transaction, the Chief Financial Officer now directly owns 206,653 shares in the company, valued at $0.78 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Chief Executive Officer EDENS WESLEY R bought 100,000 shares of the business’s stock. A total of $907,000 was incurred on buying the stock at an average price of $9.07. This leaves the insider owning 36,021,915 shares of the company worth $135.44 million. A total of 35.07% of the company’s stock is owned by insiders.
During the past 12 months, New Fortress Energy Inc has had a low of $2.01 and a high of $26.22. As of last week, the company has a debt-to-equity ratio of 5.38, a current ratio of 1.00, and a quick ratio of 0.95. The fifty day moving average price for NFE is $3.6047 and a two-hundred day moving average price translates $8.76645 for the stock.
The latest earnings results from New Fortress Energy Inc (NASDAQ: NFE) was released for 2025-03-31. The net profit margin was -24.44% and return on equity was -28.26% for NFE. The company reported revenue of $470.54 million for the quarter, compared to $690.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -31.84 percent.
