NGL Energy Partners LP (NYSE:NGL) went up by 0.63% from its latest closing price when compared to the 1-year high value of $15.71 and move down -64.68%, while NGL stocks collected -4.12% of loss with the last five trading sessions. Press Release reported on 02/06/20 that NGL Energy Partners LP Announces Record Third Quarter Fiscal 2020 Financial Results
NGL Energy Partners LP (NYSE:NGL) Worth an Investment?
NGL Energy Partners LP (NYSE: NGL) The 36 Months beta value for NGL stocks is at 1.01, while of the analysts out of 0 who provided ratings for NGL Energy Partners LP stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $12.93 which is $3.96 above current price. NGL currently has a short float of 4.87% and public float of 115.62 M with average trading volume of 1.02M shares.
NGL Market Performance
NGL stocks went down by -4.12% for the week, with the monthly drop of -19.22% and a quarterly performance of -8.71%, while its annual performance rate touched -26.56%. The simple moving average for the period of the last 20 days is -10.51% for NGL stocks with the simple moving average of -25.24% for the last 200 days.
Analysts’ Opinion on NGL Energy Partners LP (NYSE:NGL)
Many brokerage firms have already submitted their reports for NGL stocks, with UBS repeating the rating for NGL shares by setting it to “Neutral”. The predicted price for NGL socks in the upcoming period according to UBS is $13.50 based on the research report published on October 8, 2019.
Piper Jaffray, on the other hand, stated in their research note that they expect to see NGL stock at the price of $17. The rating they have provided for NGL stocks is “Neutral” according to the report published on July 17, 2019.
Credit Suisse gave “ Neutral” rating to NGL stocks, setting the target price at $15 in the report published on February 20, 2019.
NGL Stocks -12.54% Far from 50 Day Moving Average
After a stumble in the market that brought NGL to its low price for the period of the last 52 weeks, NGL Energy Partners LP was unable to take a rebound, for now settling with -39.27% of loss for the given period.
The stock volatility was left at 4.47%, however, within the period of a single month, the volatility rate increased by 5.08%, while the shares sank at the distance of -19.70% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -1.65% lower at the present time.
In the course of the last 5 trading sessions, NGL went down by -4.12%, which changed the moving average for the period of 200 days to the total of -33.10% of losses for the stock in comparison to the 20-day moving average settled at $10.54. In addition, NGL Energy Partners LP saw -15.87% in overturn over the period of a single year with a tendency to cut further losses.
NGL Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at NGL Energy Partners LP (NGL), starting from REINERS DEREK S, who bought 10,000 shares at the price of $9.61 back on Feb 11. After this action, Rushing now owns 14,000 shares of NGL Energy Partners LP, valued at $96,055 with the latest closing price.
KRIMBILL H MICHAEL, the Chief Executive Officer of NGL Energy Partners LP, bought 50,000 shares at the value of $9.67 during a trade that took place back on Feb 11, which means that KRIMBILL H MICHAEL is holding 343,000 shares at the value of $483,545 based on the most recent closing price.
NGL Stock Fundamentals
The current profitability levels are settled at +0.59 for the present operating margin and +2.02 for gross margin. The net margin for NGL Energy Partners LP stands at -0.18. Total capital return value is set at 3.00, while invested capital returns managed to touch -0.93. Equity return holds the value -15.90%, with -4.50% for asset returns.
Based on NGL Energy Partners LP (NGL), the company’s capital structure generated 89.31 points for debt to equity in total, while total debt to capital is set at the value of 47.18. Total debt to assets is settled at the value of 36.61 with long-term debt to equity ratio rests at 0.86 and long-term debt to capital is 104.51.
The value for Enterprise to Sales is 0.19 with debt to enterprise value settled at 0.51. The receivables turnover for NGL Energy Partners LP is 21.32 with the total asset turnover at the value of 3.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.