NET Power Inc (NYSE:NPWR) Drops -2.60%, But A Strong Recovery May Be Imminent

In last trading session, NET Power Inc (NYSE:NPWR) saw 0.53 million shares changing hands with its beta currently measuring 0.07. Company’s recent per share price level of $9.73 trading at -$0.26 or -2.60% at ring of the bell on the day assigns it a market valuation of $2.10B. That closing price of NPWR’s stock is at a discount of -46.76% from its 52-week high price of $14.28 and is indicating a premium of 32.48% from its 52-week low price of $6.57. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.68 million shares which gives us an average trading volume of 702.93K if we extend that period to 3-months.

For NET Power Inc (NPWR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.83. Splitting up the data highlights that, out of 10 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.1 in the current quarter.

NET Power Inc (NYSE:NPWR) trade information

Upright in the red during last session for losing -2.60%, in the last five days NPWR remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $9.73 price level, adding 17.75% to its value on the day. NET Power Inc’s shares saw a change of -8.12% in year-to-date performance and have moved -9.82% in past 5-day. NET Power Inc (NYSE:NPWR) showed a performance of -9.07% in past 30-days. Number of shares sold short was 2.83 million shares which calculate 3.34 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 11.55% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -13.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -13.05% for stock’s current value.

NET Power Inc (NPWR) estimates and forecasts

This year revenue growth is estimated to fall -52.38% from the last financial year’s standing.

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

Insiders are in possession of 13.08% of company’s total shares while institution are holding 86.36 percent of that, with stock having share float percentage of 99.37%. Investors also watch the number of corporate investors in a company very closely, which is 86.36% institutions for NET Power Inc that are currently holding shares of the company.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 785.85 shares of worth $7.65 million or 1.04% of the total outstanding shares. The later fund manager was in possession of 733.82 shares on Sep 30, 2024 , making its stake of worth around $7.14 million in the company or a holder of 0.98% of company’s stock.