NET Power Inc (NYSE: NPWR) is -69.31% lower on its value in year-to-date trading and has touched a low of $2.28 and a high of $14.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NPWR stock was last observed hovering at around $3.07 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $3.25, the stock is -48.55% and -59.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 5.86% at the moment leaves the stock -63.71% off its SMA200. NPWR registered -63.89% loss for a year compared to 6-month gain of -54.29%. The firm has a 50-day simple moving average (SMA 50) of $8.0366 and a 200-day simple moving average (SMA200) of $8.95475.
The stock witnessed a -59.12% loss in the last 1 month and extending the period to 3 months gives it a -69.11%, and is -53.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 37.45% over the week and 14.15% over the month.
NET Power Inc (NPWR) has around 68 employees, a market worth around $707.29M and $0.25M in sales. Profit margin for the company is -19676.40%. Distance from 52-week low is 42.54% and -77.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.48%).
The EPS is expected to shrink by -44.05% this year, but quarterly earnings will post 166.67% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
NET Power Inc (NPWR) Top Institutional Holders
155.0 institutions hold shares in NET Power Inc (NPWR), with institutional investors hold 99.22% of the company’s shares. The shares outstanding are 76.76M, and float is at 31.16M with Short Float at 10.58%. Institutions hold 86.54% of the Float.
The top institutional shareholder in the company is SHARE ANDREW L. with over 9.94 million shares valued at $97.69 million. The investor’s holdings represent 13.8223% of the NPWR Shares outstanding. As of 2024-06-30, the second largest holder is ENCOMPASS CAPITAL ADVISORS LLC with 2.09 million shares valued at $20.54 million to account for 2.906 of the shares outstanding. The other top investors are KENSICO CAPITAL MANAGEMENT CORP which holds 1.78 million shares representing 2.4735% and valued at over $17.48 million, while SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC holds 1.6761 of the shares totaling 1.21 million with a market value of $11.85 million.
NET Power Inc (NPWR) Insider Activity
The most recent transaction is an insider sale by NPEH, LLC, the company’s 10% Owner. SEC filings show that NPEH, LLC sold 431,009 shares of the company’s common stock on Nov 22 ’24 at a price of $12.76 per share for a total of $5.5 million. Following the sale, the insider now owns 0.0 shares.
NET Power Inc disclosed in a document filed with the SEC on Nov 22 ’24 that 8 Rivers Capital, LLC (10% Owner) sold a total of 431,009 shares of the company’s common stock. The trade occurred on Nov 22 ’24 and was made at $12.76 per share for $5.5 million. Following the transaction, the insider now directly holds 0.0 shares of the NPWR stock.
Still, SEC filings show that on Nov 22 ’24, PATEL AKASH S. (Chief Financial Officer) disposed off 150,000 shares at an average price of $12.65 for $1.9 million. The insider now directly holds 0 shares of NET Power Inc (NPWR).
