The stock has a 36-month beta value of 1.22. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NEWP is 91.39M, and at present, short sellers hold a 0.87% of that float. On April 26, 2024, the average trading volume of NEWP was 370.02K shares.
NEWP) stock’s latest price update
The stock price of New Pacific Metals Corp (AMEX: NEWP) has jumped by 5.26 compared to previous close of 1.90. Despite this, the company has seen a gain of 1.52% in its stock price over the last five trading days. Barrons reported 2024-04-01 that Strategists at Evercore have come up with a list of companies they believe are positioned to repurchase their shares.
NEWP’s Market Performance
New Pacific Metals Corp (NEWP) has experienced a 1.52% rise in stock performance for the past week, with a 66.67% rise in the past month, and a 48.15% rise in the past quarter. The volatility ratio for the week is 7.10%, and the volatility levels for the past 30 days are at 9.60% for NEWP. The simple moving average for the past 20 days is 13.36% for NEWP’s stock, with a 12.96% simple moving average for the past 200 days.
NEWP Trading at 49.54% from the 50-Day Moving Average
After a stumble in the market that brought NEWP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.25% of loss for the given period.
Volatility was left at 9.60%, however, over the last 30 days, the volatility rate increased by 7.10%, as shares surge +57.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +83.49% upper at present.
During the last 5 trading sessions, NEWP rose by +1.52%, which changed the moving average for the period of 200-days by -16.67% in comparison to the 20-day moving average, which settled at $1.8000. In addition, New Pacific Metals Corp saw 4.71% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NEWP
The total capital return value is set at -0.04. Equity return is now at value -5.78, with -5.67 for asset returns.
Currently, EBITDA for the company is -7.83 million with net debt to EBITDA at 3.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 23.22.
Conclusion
To sum up, New Pacific Metals Corp (NEWP) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
