This Is A Time To Build A Position In NET Power Inc (NYSE: NPWR)

NET Power Inc (NYSE:NPWR)’s traded shares stood at 0.65 million during the last session, with the company’s beta value hitting 0.03. At the close of trading, the stock’s price was $10.33, to imply an increase of 1.18% or $0.12 in intraday trading. The NPWR share’s 52-week high remains $14.28, putting it -38.24% down since that peak but still an impressive 36.4% since price per share fell to its 52-week low of $6.57. The company has a valuation of $2.23B, with an average of 0.52 million shares in intraday trading volume over the past 10 days and average of 640.29K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for NET Power Inc (NPWR), translating to a mean rating of 2.00. Of 10 analyst(s) looking at the stock, 0 analyst(s) give NPWR a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.1.

NET Power Inc (NYSE:NPWR) trade information

After registering a 1.18% upside in the last session, NET Power Inc (NPWR) has traded red over the past five days. The 5-day price performance for the stock is 14.02%, and -17.03% over 30 days. With these gigs, the year-to-date price performance is 2.28%. Short interest in NET Power Inc (NYSE:NPWR) saw shorts transact 2.87 million shares and set a 3.49 days time to cover.

The extremes give us $11 and $11 for target low and target high price respectively. As such, NPWR has been trading -6.49% off suggested target high and -6.49% from its likely low.

NET Power Inc (NPWR) estimates and forecasts

The rating firms project that company’s revenue will shrink -52.38% compared to the previous financial year.

NPWR Dividends

NET Power Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

NET Power Inc (NYSE:NPWR)’s Major holders

NET Power Inc insiders hold 13.08% of total outstanding shares, with institutional holders owning 86.44% of the shares at 99.45% float percentage. In total, 86.44% institutions holds shares in the company.