Ngx Energy International Stock Today

GASX Stock  CAD 1.07  0.02  1.90%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 50

 
High
 
Low
About Average
Ngx Energy is selling for under 1.07 as of the 20th of January 2025; that is 1.90% increase since the beginning of the trading day. The stock's lowest day price was 1.05. Ngx Energy has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. The performance scores are derived for the period starting the 24th of July 2024 and ending today, the 20th of January 2025. Click here to learn more.
Business Domain
Energy
NG Energy International Corp., an oil and gas company, engages in the exploration and development activities in Colombia. NG Energy International Corp. is headquartered in Vancouver, Canada. NG ENERGY operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange.. The company has 255.01 M outstanding shares of which 248.02 K shares are currently shorted by private and institutional investors with about 0.91 days to cover all short positions. More on Ngx Energy International

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Ngx Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ngx Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ngx Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO BoardBrian PaesBraga
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Ngx Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ngx Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Ngx Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ngx Energy's financial leverage. It provides some insight into what part of Ngx Energy's total assets is financed by creditors.
Liquidity
Ngx Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Ngx Energy International has accumulated 1 M in total debt with debt to equity ratio (D/E) of 1.16, which is about average as compared to similar companies. Ngx Energy International has a current ratio of 1.97, which is within standard range for the sector. Debt can assist Ngx Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Ngx Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ngx Energy International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ngx to invest in growth at high rates of return. When we think about Ngx Energy's use of debt, we should always consider it together with cash and equity.

Net Income

(15.76 Million)
Ngx Energy International (GASX) is traded on TSX Venture Exchange in Canada and employs 27 people. Ngx Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 272.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ngx Energy's market, we take the total number of its shares issued and multiply it by Ngx Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ngx Energy International operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 255.01 M outstanding shares of which 248.02 K shares are currently shorted by private and institutional investors with about 0.91 days to cover all short positions. Ngx Energy International has accumulated about 2.35 M in cash with (3.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Ngx Energy Probability Of Bankruptcy
Ownership Allocation
Ngx Energy International maintains a total of 255.01 Million outstanding shares. Ngx Energy International holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Ngx Ownership Details

Ngx Energy International Risk Profiles

Although Ngx Energy's alpha and beta are two of the key measurements used to evaluate Ngx Energy's performance over the market, the standard measures of volatility play an important role as well.

Ngx Stock Against Markets

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Additional Tools for Ngx Stock Analysis

When running Ngx Energy's price analysis, check to measure Ngx Energy's 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 Ngx Energy is operating at the current time. Most of Ngx Energy's value examination focuses on studying past and present price action to predict the probability of Ngx Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ngx Energy's price. Additionally, you may evaluate how the addition of Ngx Energy to your portfolios can decrease your overall portfolio volatility.