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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
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: NFE in this case.
- Research New Fortress Energy shares. The platform should provide the latest information available.
- Buy your New Fortress Energy shares. It's that simple.
What's in this guide?
- Can I buy shares in New Fortress Energy?
- New Fortress Energy shares summary
- Compare share dealing platforms
- Is New Fortress Energy stock a buy or sell?
- New Fortress Energy performance over time
- Can I short New Fortress Energy shares?
- New Fortress Energy's financials
- How volatile are New Fortress Energy shares?
- Does New Fortress Energy pay a dividend?
- Other common questions
New Fortress Energy share priceUse our graph to track the performance of NFE stocks over time.
New Fortress Energy shares at a glance
|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.
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
|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%|
|Market capitalisation||USD$7.6 billion|
TTM: trailing 12 months
How to short and sell New Fortress Energy shares
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "NFE.US"
- Choose your position size.
- Select "sell" rather than "buy".
- 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".
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
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