Newpark Resources Stock Price on December 31, 2016

NR Stock  USD 7.19  0.03  0.42%   
Below is the normalized historical share price chart for Newpark Resources extending back to September 06, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Newpark Resources stands at 7.19, as last reported on the 28th of March, with the highest price reaching 7.24 and the lowest price hitting 7.07 during the day.
IPO Date
26th of September 1991
200 Day MA
6.2732
50 Day MA
6.5334
Beta
2.748
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Newpark Stock, it is important to understand the factors that can impact its price. We consider Newpark Resources somewhat reliable. Newpark Resources has Sharpe Ratio of 0.0746, which conveys that the firm had a 0.0746% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Newpark Resources, which you can use to evaluate the volatility of the firm. Please verify Newpark Resources' Mean Deviation of 1.49, risk adjusted performance of 0.0123, and Downside Deviation of 2.06 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
  
As of 03/28/2024, Capital Stock is likely to grow to about 1.2 M, while Total Stockholder Equity is likely to drop slightly above 364 M. . At this time, Newpark Resources' Price To Sales Ratio is relatively stable compared to the past year. As of 03/28/2024, Price Book Value Ratio is likely to grow to 2.40, though Price Earnings To Growth Ratio is likely to grow to (0.22). Newpark Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0746

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Estimated Market Risk

 2.02
  actual daily
17
83% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Newpark Resources is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Newpark Resources by adding it to a well-diversified portfolio.
Price Book
1.4687
Enterprise Value Ebitda
10.2555
Price Sales
0.8138
Shares Float
71.1 M
Wall Street Target Price
11.33

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Newpark Resources Stock history

Newpark Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Newpark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newpark Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Newpark Resources stock prices may prove useful in developing a viable investing in Newpark Resources
Last ReportedProjected for 2024
Common Stock Shares Outstanding88.3 M86.1 M
Net Loss-18.8 M-17.8 M

Newpark Resources Quarterly Net Working Capital

220.94 Million

Newpark Resources Stock Technical Analysis

Newpark Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Newpark Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Newpark Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Newpark Resources Period Price Range

Newpark Resources March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Newpark Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newpark Resources shares will generate the highest return on investment. By undertsting and applying Newpark Resources stock market strength indicators, traders can identify Newpark Resources entry and exit signals to maximize returns

Newpark Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Newpark Resources' price direction in advance. Along with the technical and fundamental analysis of Newpark Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newpark to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Newpark Resources is a strong investment it is important to analyze Newpark Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newpark Resources' future performance. For an informed investment choice regarding Newpark Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newpark Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Newpark Stock analysis

When running Newpark Resources' price analysis, check to measure Newpark Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newpark Resources is operating at the current time. Most of Newpark Resources' value examination focuses on studying past and present price action to predict the probability of Newpark Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newpark Resources' price. Additionally, you may evaluate how the addition of Newpark Resources to your portfolios can decrease your overall portfolio volatility.
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Is Newpark Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newpark Resources. If investors know Newpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newpark Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.192
Earnings Share
0.16
Revenue Per Share
8.676
Quarterly Revenue Growth
(0.26)
Return On Assets
0.0342
The market value of Newpark Resources is measured differently than its book value, which is the value of Newpark that is recorded on the company's balance sheet. Investors also form their own opinion of Newpark Resources' value that differs from its market value or its book value, called intrinsic value, which is Newpark Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newpark Resources' market value can be influenced by many factors that don't directly affect Newpark Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newpark Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newpark Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newpark Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.