NorthWestern Corporation (NASDAQ:NWE) shares traded higher over the last trading session, gaining 0.82% on 02/16/21. The shares fell to a low of $56.32 before closing at $56.90. Intraday shares traded counted 0.21 million, which was 37.38% higher than its 30-day average trading volume of 331.25K. NWE’s previous close was $56.44 while the outstanding shares total 50.58M. The firm has a beta of 0.43, a 12-month trailing P/E ratio of 17.86, and a growth ratio of 5.58. The stock’s Relative Strength Index (RSI) is 52.82, with weekly volatility at 2.18% and ATR at 1.36. The NWE stock’s 52-week price range has touched low of $45.06 and a $80.52 high.
Investors have identified the Utilities – Diversified company NorthWestern Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.93 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
NorthWestern Corporation (NWE) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 308.68 million total, with 466.42 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.82 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NWE sounds very interesting.
Is the stock of NWE attractive?
In related news, President & CEO, Rowe Robert C sold 2,700 shares of the company’s stock in a transaction that recorded on Dec 15. The sale was performed at an average price of 55.80, for a total value of 150,660. As the sale deal closes, the President & CEO, Rowe Robert C now sold 2,700 shares of the company’s stock, valued at 136,188. Also, President & CEO, Rowe Robert C sold 2,700 shares of the company’s stock in a deal that was recorded on Aug 17. The shares were price at an average price of 55.28 per share, with a total market value of 149,256. Following this completion of acquisition, the President & CEO, Rowe Robert C now holds 1,000 shares of the company’s stock, valued at 55,450. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
5 out of 8 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on NorthWestern Corporation. 0 analysts has assigned a Sell rating on the NWE stock. The 12-month mean consensus price target for the company’s shares has been set at $63.13.