Newpark Resources management to meet with Craig-Hallum NR
NRDelisted Stock | USD 7.25 0.40 5.23% |
Slightly above 62% of Newpark Resources' investor base is looking to short. The analysis of overall sentiment of trading Newpark Resources stock suggests that many investors are alarmed at this time. Newpark Resources' investing sentiment overview a quick insight into current market opportunities from investing in Newpark Resources. Many technical investors use Newpark Resources stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Newpark |
Meeting to be held in New... NR
Read at thefly.com
Newpark Resources Fundamental Analysis
We analyze Newpark Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newpark Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newpark Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Newpark Resources is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Newpark Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Newpark Resources stock to make a market-neutral strategy. Peer analysis of Newpark Resources could also be used in its relative valuation, which is a method of valuing Newpark Resources by comparing valuation metrics with similar companies.
Peers
Newpark Resources Related Equities
VTOL | Bristow | 2.13 | ||||
EFXT | Enerflex | 1.87 | ||||
HLX | Helix Energy | 1.76 | ||||
GEOS | Geospace Technologies | 1.60 | ||||
FET | Forum Energy | 1.56 | ||||
OIS | Oil States | 1.27 | ||||
AROC | Archrock | 1.10 | ||||
OII | Oceaneering International | 1.01 | ||||
RNGR | Ranger Energy | 0.98 | ||||
PUMP | ProPetro Holding | 0.90 | ||||
RES | RPC | 0.35 | ||||
DNOW | Now | 0.31 |
Check out Newpark Resources Hype Analysis, Newpark Resources Correlation and Newpark Resources Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Newpark Stock
If you are still planning to invest in Newpark Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newpark Resources' history and understand the potential risks before investing.
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |