With 0.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.28 million shares. During the session, the Other Precious Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $1.24 whereas the lowest price it dropped to was $1.2139. The 52-week range on NEWP shows that it touched its highest point at $2.53 and its lowest point at $0.87 during that stretch. It currently has a 1-year price target of $4.12. Beta for the stock currently stands at 0.96.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NEWP was down-trending over the past week, with a drop of -11.87%, but this was down by -22.96% over a month. Three-month performance dropped to -21.97% while six-month performance fell -22.47%. The stock lost -38.44% in the past year, while it has lost -35.86% so far this year. A look at the trailing 12-month EPS for NEWP yields -0.03 with Next year EPS estimates of -0.05. For the next quarter, that number is -0.01. This implies an EPS growth rate of 28.29% for this year and -74.32% for next year.
Float and Shares Shorts:
At present, 171.48 million NEWP shares are outstanding with a float of 92.07 million shares on hand for trading. On 2024-10-31, short shares totaled 0.98 million, which was 57.00000000000001 higher than short shares on 1727654400. In addition to Mr. Andrew Williams as the firm’s CEO & Director, Dr. Rui Feng Ph.D. serves as its Founder.
Institutional Ownership:
Through their ownership of 0.15970999 of NEWP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, NEWP reported revenue of $0.0 and operating income of -$1609481.0. The EBITDA in the recently reported quarter was -$1645420.0 and diluted EPS was -$0.01.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With NEWP analysts setting a high price target of 3.1933708 and a low target of 3.1933708, the average target price over the next 12 months is 3.1933708. Based on these targets, NEWP could surge 159.62% to reach the target high and rise by 159.62% to reach the target low. Reaching the average price target will result in a growth of 159.62% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.0282215 being high and -$0.056443 being low. For NEWP, this leads to a yearly average estimate of -$0.04233225. Based on analyst estimates, the high estimate for the next quarter is $0.0 and the low estimate is -$0.01. The average estimate for the next quarter is thus -$0.01.
