New Fortress Energy Inc’s recent filing unveils that its Chief Financial Officer Guinta Christopher S. acquired Company’s shares for reported $42850.0 on Mar 13 ’25. In the deal valued at $8.57 per share,5,000 shares were bought. As a result of this transaction, Guinta Christopher S. now holds 206,653 shares worth roughly $1.83 million.
Then, EDENS WESLEY R bought 100,000 shares, generating $907,000 in total proceeds. Upon buying the shares at $9.07, the Chief Executive Officer now owns 36,021,915 shares.
Before that, EDENS WESLEY R bought 200,000 shares. New Fortress Energy Inc shares valued at $1,754,000 were divested by the Chief Executive Officer at a price of $8.77 per share. As a result of the transaction, EDENS WESLEY R now holds 35,921,915 shares, worth roughly $317.91 million.
Deutsche Bank upgraded its New Fortress Energy Inc [NFE] rating to a Hold from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Equal-weight”. Deutsche Bank also remained covering NFE and has decreased its forecast on October 01, 2024 with a “Sell” recommendation from previously “Hold” rating. Deutsche Bank revised its rating on March 04, 2024. It rated NFE as “a Hold” which previously was an “a Buy”.
Price Performance Review of NFE
On Friday, New Fortress Energy Inc [NASDAQ:NFE] saw its stock fall -4.63% to $8.85. Over the last five days, the stock has lost -20.77%. New Fortress Energy Inc shares have fallen nearly -41.47% since the year began. Nevertheless, the stocks have fallen -70.10% over the past one year. While a 52-week high of $30.80 was reached on 01/17/25, a 52-week low of $7.58 was recorded on 03/13/25. SMA at 50 days reached $11.91, while 200 days put it at $13.31.
Levels Of Support And Resistance For NFE Stock
The 24-hour chart illustrates a support level at 8.52, which if violated will result in even more drops to 8.20. On the upside, there is a resistance level at 9.21. A further resistance level may holdings at 9.57. The Relative Strength Index (RSI) on the 14-day chart is 38.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.65%. Stochastics %K at 42.98% indicates the stock is a holding.
How much short interest is there in New Fortress Energy Inc?
A steep rise in short interest was recorded in New Fortress Energy Inc stocks on 2025-03-14, growing by 6.57 million shares to a total of 38.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 32.26 million shares. There was a rise of 16.93%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 19, 2023 when CapitalOne began covering the stock and recommended ‘”an Equal weight”‘ rating .
