NET Power Inc (NYSE: NPWR) has seen a rise in its stock price by 2.45 in relation to its previous close of 11.03. However, the company has experienced a 4.53% gain in its stock price over the last five trading sessions. Business Wire reported 2024-04-23 that DURHAM, N.C.–(BUSINESS WIRE)–NET Power Inc. (NYSE: NPWR) plans to report its first quarter 2024 financial results before market open on Monday, May 13, 2024, and will host a conference call to discuss the results beginning at 8:30 AM ET. To access the live audio webcast of the conference call, please visit NET Power’s investor relations website at ir.netpower.com. To participate by phone, dial 877-407-8014 (domestic) or +1 201-689-8053 (international). An archived webcast will be available fo.
Is It Worth Investing in NET Power Inc (NYSE: NPWR) Right Now?
Moreover, the 36-month beta value for NPWR is -0.08. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NPWR is 19.85M and currently, short sellers hold a 9.56% of that float. On April 26, 2024, NPWR’s average trading volume was 336.22K shares.
NPWR’s Market Performance
NPWR stock saw a decrease of 4.53% in the past week, with a monthly decline of -3.17% and a quarterly a decrease of 26.68%. The volatility ratio for the week is 3.66%, and the volatility levels for the last 30 days are 4.50% for NET Power Inc (NPWR). The simple moving average for the last 20 days is 5.70% for NPWR stock, with a simple moving average of -2.59% for the last 200 days.
Analysts’ Opinion of NPWR
Many brokerage firms have already submitted their reports for NPWR stocks, with Barclays repeating the rating for NPWR by listing it as a “Equal Weight.” The predicted price for NPWR in the upcoming period, according to Barclays is $13 based on the research report published on April 10, 2024 of the current year 2024.
Janney, on the other hand, stated in their research note that they expect to see NPWR reach a price target of $36. The rating they have provided for NPWR stocks is “Buy” according to the report published on July 14th, 2023.
Citigroup gave a rating of “Neutral” to NPWR, setting the target price at $15 in the report published on July 05th of the previous year.
NPWR Trading at 16.63% from the 50-Day Moving Average
After a stumble in the market that brought NPWR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.87% of loss for the given period.
Volatility was left at 4.50%, however, over the last 30 days, the volatility rate increased by 3.66%, as shares sank -0.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.21% upper at present.
During the last 5 trading sessions, NPWR rose by +4.44%, which changed the moving average for the period of 200-days by -10.47% in comparison to the 20-day moving average, which settled at $10.69. In addition, NET Power Inc saw 11.88% 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 NPWR starting from MAHON JAMES, who sale 26,126 shares at the price of $15.12 back on Sep 13 ’23. After this action, MAHON JAMES now owns 0 shares of NET Power Inc, valued at $394,975 using the latest closing price.
MAHON JAMES, the General Counsel and Secretary of NET Power Inc, sale 5,268 shares at $15.04 during a trade that took place back on Sep 12 ’23, which means that MAHON JAMES is holding 26,126 shares at $79,215 based on the most recent closing price.
Stock Fundamentals for NPWR
Current profitability levels for the company are sitting at:
- -849.16 for the present operating margin
- -157.19 for the gross margin
The net margin for NET Power Inc stands at -873.24. The total capital return value is set at -0.06. Equity return is now at value -25.21, with -9.77 for asset returns.
Based on NET Power Inc (NPWR), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -41.23. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -4953.43.
Currently, EBITDA for the company is -97.76 million with net debt to EBITDA at 5.76. When we switch over and look at the enterprise to sales, we see a ratio of 1582.5. The receivables turnover for the company is 0.09for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 53.31.
Conclusion
To wrap up, the performance of NET Power Inc (NPWR) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
