The stock has a 36-month beta value of 1.65. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for NGL is 112.12M, and at present, short sellers hold a 2.33% of that float. On September 24, 2024, the average trading volume of NGL was 310.92K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
NGL) stock’s latest price update
The stock price of NGL Energy Partners LP (NYSE: NGL) has jumped by 9.19 compared to previous close of 4.57. Despite this, the company has seen a gain of 11.63% in its stock price over the last five trading days. businesswire.com reported 2024-09-19 that TULSA, Okla.–(BUSINESS WIRE)–NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units.
NGL’s Market Performance
NGL Energy Partners LP (NGL) has experienced a 11.63% rise in stock performance for the past week, with a 17.14% rise in the past month, and a -3.67% drop in the past quarter. The volatility ratio for the week is 6.27%, and the volatility levels for the past 30 days are at 4.45% for NGL. The simple moving average for the past 20 days is 16.17% for NGL’s stock, with a -5.14% simple moving average for the past 200 days.
Analysts’ Opinion of NGL
Many brokerage firms have already submitted their reports for NGL stocks, with UBS repeating the rating for NGL by listing it as a “Neutral.” The predicted price for NGL in the upcoming period, according to UBS is $3 based on the research report published on February 18, 2021 of the previous year 2021.
Wells Fargo gave a rating of “Underweight” to NGL, setting the target price at $4 in the report published on July 22nd of the previous year.
NGL Trading at 13.56% 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 -19.45% of loss for the given period.
Volatility was left at 4.45%, however, over the last 30 days, the volatility rate increased by 6.27%, as shares surge +15.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.48% upper at present.
During the last 5 trading sessions, NGL rose by +11.63%, which changed the moving average for the period of 200-days by +16.59% in comparison to the 20-day moving average, which settled at $4.33. In addition, NGL Energy Partners LP saw -10.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NGL starting from COLLINGSWORTH JAMES M, who purchase 69,899 shares at the price of $5.82 back on Feb 14 ’24. After this action, COLLINGSWORTH JAMES M now owns 629,500 shares of NGL Energy Partners LP, valued at $406,742 using the latest closing price.
COLLINGSWORTH JAMES M, the Director of NGL Energy Partners LP, purchase 30,101 shares at $5.81 during a trade that took place back on Feb 13 ’24, which means that COLLINGSWORTH JAMES M is holding 559,601 shares at $174,824 based on the most recent closing price.
Stock Fundamentals for NGL
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.1 for the gross margin
The net margin for NGL Energy Partners LP stands at -0.02. The total capital return value is set at 0.05. Equity return is now at value -14.10, with -3.02 for asset returns.
Based on NGL Energy Partners LP (NGL), the company’s capital structure generated 0.79 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 3.83. The interest coverage ratio of the stock is 4.31.
Currently, EBITDA for the company is 567.45 million with net debt to EBITDA at 9.33. When we switch over and look at the enterprise to sales, we see a ratio of 0.56. The receivables turnover for the company is 8.92for trailing twelve months and the total asset turnover is 1.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
Conclusion
To sum up, NGL Energy Partners LP (NGL) has seen a mixed 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.
