Nutrien Ltd. (NYSE:NTR) went up by 2.91% from its latest closing price compared to the recent 1-year high of $117.25. The company’s stock price has collected -9.58% of loss in the last five trading sessions.
Is It Worth Investing in Nutrien Ltd. (NYSE :NTR) Right Now?
Nutrien Ltd. (NYSE:NTR) scored a price-to-earnings ratio above its average ratio, recording 9.72 x from its present earnings ratio. Plus, the 36-month beta value for NTR is at 0.81. Opinions of the stock are interesting as 14 analysts out of 21 who provided ratings for Nutrien Ltd. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $122.95, which is -$16.37 below the current price. NTR currently public float of 546.99M and currently shorts hold a 0.73% ratio of that float. Today, the average trading volume of NTR was 4.47M shares.
NTR’s Market Performance
NTR stocks went down by -9.58% for the week, with a monthly drop of -9.96% and a quarterly performance of 29.08%, while its annual performance rate touched 61.93%. The volatility ratio for the week stands at 6.11% while the volatility levels for the past 30 days are set at 4.87% for Nutrien Ltd.. The simple moving average for the period of the last 20 days is -7.11% for NTR stocks with a simple moving average of 26.63% for the last 200 days.
Analysts’ Opinion of NTR
Piper Sandler, on the other hand, stated in their research note that they expect to see NTR reach a price target of $112, previously predicting the price at $87. The rating they have provided for NTR stocks is “Overweight” according to the report published on March 07th, 2022.
Atlantic Equities gave a rating of “Neutral” to NTR, setting the target price at $79 in the report published on February 18th of the current year.
NTR Trading at -4.86% from the 50-Day Moving Average
After a stumble in the market that brought NTR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.25% of loss for the given period.
Volatility was left at 4.87%, however, over the last 30 days, the volatility rate increased by 6.11%, as shares sank -10.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.25% upper at present.
During the last 5 trading sessions, NTR fell by -9.58%, which changed the moving average for the period of 200-days by +65.44% in comparison to the 20-day moving average, which settled at $103.86. In addition, Nutrien Ltd. saw 29.03% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NTR
Current profitability levels for the company are sitting at:
- +18.44 for the present operating margin
- +31.42 for the gross margin
The net margin for Nutrien Ltd. stands at +11.38. Equity return is now at value 18.60, with 8.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.