The stocks of NSRGY have been the recipients of a significant growth that took place in the month of May. Reports from the 28th of May state that the short interest had a total sum of 429,300 shares, which was a growth of around 60.6% from the 13th May sum of 267,300 shares.
The Stock Commentary Of NSRGY
There have been quite a few research equities that have commented on the stocks of NSRGY. JPMorgan Chase & Co has already put up a rating of overweight in a 1st June research report. Berenberg Bank has also put up a rating of buy in a 22nd February research report.
The Royal Bank of Canada has provided the company with a rating of sector perform in a 23rd April research report. Barclays has provided the company with a rating of overweight in a 23rd April research report. In the end, DZ Bank gave the company a rating of buy in a 23rd April research report.
One of the investment analysts provided the stocks with a rating of sell, while five others have the company a rating of hold. Around nine others gave the company a rating of buy. Currently, NSRGY has a buy rating with a $127 price target.
The stocks of NSRGY traded on Tuesday at $126.72. The year low of the company is $104.50, with the year high set at $!27.45. The market cap of the company is $364.96 billion, with a 28.22 PE ratio, along with a 3.53 PEG ratio. The current ratio of the company is 0.86, with a 0.60 quick ratio, along with a 0.60 debt-to-equity ratio. The moving average of the company over a period of 50 days is $120.91.
Quite a few institutional investors along with hedge funds have gone ahead and bought a couple of shares in the stocks of NSRGY. First Manhattan Co. went ahead and purchased a completely new position in the company at a valuation of $451,949,000. Cullen Capital Management also bought a new position worth around $43 million. Fisher Asset Management currently has ownership of about 4,344,939 shares in the company.
