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How to buy New Fortress Energy stock in Canada | $34.53

Own New Fortress Energy shares in just a few minutes.

New Fortress Energy Inc
NASDAQ: NFE - USD
UTILITIES-REGULATED GAS
$31.94
- $2.59 ( - 7.50%)

New Fortress Energy Inc is an utilities-regulated gas business based in the US. New Fortress Energy shares (NFE) are listed on the NASDAQ and all prices are listed in US Dollars. New Fortress Energy employs 231 staff and has a trailing 12-month revenue of around USD$652.1 million.

How to buy shares in New Fortress Energy

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – NFE – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy New Fortress Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted New Fortress Energy's stock price?

Since the stock market crash in March caused by coronavirus, New Fortress Energy's stock price has had significant positive movement.

Its last market close was $34.53, which is 52.85% up on its pre-crash value of $16.28 and 392.58% up on the lowest point reached during the March crash when the stocks fell as low as $7.01.

If you had bought $1,000 worth of New Fortress Energy stocks at the start of February 2020, those stocks would have been worth $518.73 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,233.40.

New Fortress Energy stock price

Use our graph to track the performance of NFE stocks over time.

New Fortress Energy shares at a glance

Information last updated 2021-10-16.
Latest market close$34.53
52-week range$23.80 - $65.40
50-day moving average $29.08
200-day moving average $36.09
Wall St. target price$54.91
PE ratio N/A
Dividend yield $0.4 (1.14%)
Earnings per share (TTM) $-0.45

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New Fortress Energy price performance over time

Historical closes compared with the close of $34.53 from 2021-10-19

1 week (2021-10-13) 2.46%
1 month (2021-09-16) N/A
3 months (2021-07-20) 6.90%
6 months (2021-04-20) -17.82%
1 year (2020-10-20) -33.42%
2 years (2019-10-18) 96.75%
3 years (2018-10-16) N/A
5 years (2016-10-16) N/A

Is New Fortress Energy under- or over-valued?

Valuing New Fortress Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Fortress Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

New Fortress Energy's EBITDA

New Fortress Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $92.5 million.

The EBITDA is a measure of a New Fortress Energy's overall financial performance and is widely used to measure a its profitability.

New Fortress Energy financials

Revenue TTM $652.1 million
Operating margin TTM 5.37%
Gross profit TTM $164.1 million
Return on assets TTM 0.56%
Return on equity TTM -7.31%
Profit margin -12.33%
Book value $8.53
Market capitalisation $7.1 billion

TTM: trailing 12 months

Shorting New Fortress Energy shares

There are currently 4.3 million New Fortress Energy shares held short by investors – that's known as New Fortress Energy's "short interest". This figure is 13.5% down from 5.0 million last month.

There are a few different ways that this level of interest in shorting New Fortress Energy shares can be evaluated.

New Fortress Energy's "short interest ratio" (SIR)

New Fortress Energy's "short interest ratio" (SIR) is the quantity of New Fortress Energy shares currently shorted divided by the average quantity of New Fortress Energy shares traded daily (recently around 574374.76759628). New Fortress Energy's SIR currently stands at 7.53. In other words for every 100,000 New Fortress Energy shares traded daily on the market, roughly 7530 shares are currently held short.

However New Fortress Energy's short interest can also be evaluated against the total number of New Fortress Energy shares, or, against the total number of tradable New Fortress Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case New Fortress Energy's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 New Fortress Energy shares in existence, roughly 20 shares are currently held short) or 0.1077% of the tradable shares (for every 100,000 tradable New Fortress Energy shares, roughly 108 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against New Fortress Energy.

New Fortress Energy share dividends

2%

Dividend payout ratio: 1.91% of net profits

Recently New Fortress Energy has paid out, on average, around 1.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), New Fortress Energy shareholders could enjoy a 1.14% return on their shares, in the form of dividend payments. In New Fortress Energy's case, that would currently equate to about $0.4 per share.

While New Fortress Energy's payout ratio might seem low, this can signify that New Fortress Energy is investing more in its future growth.

New Fortress Energy's most recent dividend payout was on 17 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 September 2021 (the "ex-dividend date").

Have New Fortress Energy's shares ever split?

New Fortress Energy's shares were split on 7 August 2020.

New Fortress Energy share price volatility

Over the last 12 months, New Fortress Energy's shares have ranged in value from as little as $23.8 up to $65.3959. A popular way to gauge a stock's volatility is its "beta".

NFE.US volatility(beta: 1.61)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while New Fortress Energy's is 1.6054. This would suggest that New Fortress Energy's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

New Fortress Energy overview

New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company, provides energy and development services to end-users worldwide. The company engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. It also supplies LNG. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; and landed micro-fuel handling facility in San Juan, Puerto Rico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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