NGL Energy Partners LP (NYSE:NGL) went up by 3.17% from its latest closing price compared to the recent 1-year high of $12.08. The company’s stock price has collected 11.41% of gains in the last five trading sessions. Press Release reported on 12/31/20 that Cushing(R) Asset Management and Swank Capital Announce Rebalancing of the Cushing(R) MLP High Income Index
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Is It Worth Investing in NGL Energy Partners LP (NYSE :NGL) Right Now?
Plus, the 36-month beta value for NGL is at 2.96. Opinions of the stock are interesting as 0 analysts out of 7 who provided ratings for NGL Energy Partners LP declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 3 as “sell.”
The average price from analysts is $2.67, which is -$0.35 below the current price. NGL currently public float of 122.63M and currently shorts hold a 2.87% ratio of that float. Today, the average trading volume of NGL was 1.60M shares.
NGL’s Market Performance
NGL stocks went up by 11.41% for the week, with a monthly jump of 5.40% and a quarterly performance of -26.57%, while its annual performance rate touched -75.19%. The volatility ratio for the week stands at 5.08% while the volatility levels for the past 30 days are set at 6.47% for NGL Energy Partners LP. The simple moving average for the period of the last 20 days is 9.76% for NGL stocks with a simple moving average of -24.10% for the last 200 days.
Analysts’ Opinion of NGL
Wells Fargo, on the other hand, stated in their research note that they expect to see NGL reach a price target of $4. The rating they have provided for NGL stocks is “Underweight” according to the report published on July 22nd, 2020.
Credit Suisse gave a rating of “Underperform” to NGL, setting the target price at $2 in the report published on April 02nd of the previous year.
NGL Trading at 12.60% from the 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, the company was unable to rebound, for now settling with -75.75% of loss for the given period.
Volatility was left at 6.47%, however, over the last 30 days, the volatility rate increased by 5.08%, as shares surge +3.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.08% upper at present.
During the last 5 trading sessions, NGL rose by +11.41%, which changed the moving average for the period of 200-days by +22.59% in comparison to the 20-day moving average, which settled at $2.67. In addition, NGL Energy Partners LP saw 22.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NGL starting from Ciolek John, who purchase 10,000 shares at the price of $6.97 back on Jun 05. After this action, Ciolek John now owns 75,733 shares of NGL Energy Partners LP, valued at $69,700 using the latest closing price.
COLLINGSWORTH JAMES M, the Director of NGL Energy Partners LP, purchase 25,000 shares at $3.00 during a trade that took place back on Mar 12, which means that COLLINGSWORTH JAMES M is holding 292,500 shares at $75,000 based on the most recent closing price.
Stock Fundamentals for NGL
Current profitability levels for the company are sitting at:
- +1.88 for the present operating margin
- +7.57 for the gross margin
The net margin for NGL Energy Partners LP stands at -2.35. The total capital return value is set at 2.80, while invested capital returns managed to touch -3.54. Equity return is now at value -23.10, with -4.90 for asset returns.
Based on NGL Energy Partners LP (NGL), the company’s capital structure generated 147.79 points at debt to equity in total, while total debt to capital is 59.64. Total debt to assets is 51.20, with long-term debt to equity ratio resting at 239.12. Finally, the long-term debt to capital ratio is 58.54.
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When we switch over and look at the enterprise to sales, we see a ratio of 0.60, with the company’s debt to enterprise value settled at 0.73. The receivables turnover for the company is 8.64 and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.92.
