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How to buy New Fortress Energy stock in Canada

Own New Fortress Energy shares in just a few minutes.

New Fortress Energy Inc (NFE) is a leading utilities-regulated gas business based in the US. It opened the day at $44.74 after a previous close of $43.13. During the day the price has varied from a low of $43.7 to a high of $45.3269. The latest price was $44.32 (25 minute delay). New Fortress Energy is listed on the NASDAQ and employs 231 staff. All prices are listed in US Dollars.

How to buy shares in New Fortress Energy

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: NFE in this case.
  5. Research New Fortress Energy shares. The platform should provide the latest information available.
  6. Buy your New Fortress Energy shares. It's that simple.

New Fortress Energy share price

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

New Fortress Energy shares at a glance

Information last updated 2021-03-11.
Open$44.74
High$45.3269
Low$43.7
Close$44.32
Previous close$43.13
Change $1.19
Change % 2.7591%
Volume 89,118
Information last updated 2021-04-21.
52-week range$11.3853 - $65.763
50-day moving average $46.744
200-day moving average $47.3922
Wall St. target price$62.3
Dividend yield $0.2 (0.48%)
Earnings per share (TTM) $-3.267

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Note: The dollar amounts in the table below are in Canadian dollars.

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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.

New Fortress Energy price performance over time

Historical closes compared with the last close of $44.32

1 week (2021-04-29) 1.89%
1 month (2021-04-06) -10.90%
3 months (2021-02-05) -10.66%
6 months (2020-11-06) 19.14%
1 year (2020-05-06) 252.31%
2 years (2019-05-06) 250.36%

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 USD$2.1 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 USD$451.6 million
Gross profit TTM USD$164.1 million
Return on assets TTM -1.29%
Return on equity TTM -69.25%
Profit margin -40.33%
Book value $2.101
Market capitalisation USD$7.6 billion

TTM: trailing 12 months

How to short and sell New Fortress Energy shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "NFE.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 2.9 million New Fortress Energy shares held short by investors – that's known as New Fortress Energy's "short interest". This figure is 43.6% up from 2.0 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 651509.02934537). New Fortress Energy's SIR currently stands at 4.43. In other words for every 100,000 New Fortress Energy shares traded daily on the market, roughly 4430 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 0.0173% of the tradable shares (for every 100,000 tradable New Fortress Energy shares, roughly 17 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against New Fortress Energy.

Find out more about how you can short New Fortress Energy stock.

New Fortress Energy share dividends

We're not expecting New Fortress Energy to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

New Fortress Energy share price volatility

Over the last 12 months, New Fortress Energy's shares have ranged in value from as little as $11.3853 up to $65.763. A popular way to gauge a stock's volatility is its "beta".

NFE.US volatility(beta: 1.74)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 1.737. 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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