Acquisition by Gregg Piontek of 47432 shares of Newpark Resources subject to Rule 16b-3
NRDelisted Stock | USD 7.24 0.06 0.82% |
Slightly above 62% of Newpark Resources' investor base is looking to short. The analysis of current outlook of investing in Newpark Resources suggests that many traders are alarmed regarding Newpark Resources' prospects. 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 |
Filed transaction by Newpark Resources Officer Senior Vice President And Cfo. Grant, award or other acquisition pursuant to Rule 16b-3
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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.
Current Valuation
Current Valuation Comparative Analysis
Newpark Resources is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
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
OII | Oceaneering International | 1.91 | ||||
HLX | Helix Energy | 1.68 | ||||
EFXT | Enerflex | 1.66 | ||||
DNOW | Now | 1.11 | ||||
RES | RPC | 0.72 | ||||
AROC | Archrock | 0.58 | ||||
VTOL | Bristow | 0.47 | ||||
OIS | Oil States | 0.35 | ||||
RNGR | Ranger Energy | 0.17 | ||||
FET | Forum Energy | 0.42 | ||||
PUMP | ProPetro Holding | 0.46 | ||||
GEOS | Geospace Technologies | 1.72 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.
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