Northwest Natural (OBLG) Upgraded by Zacks Investment Research to Buy

Northwest Natural stock has undergone multiple analysts rating changes in the recent past.  Northwest Natural Upgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Northwest Natural traded up $0.12 on Tuesday, reaching $46.73. 0 shares of the stock traded hands, compared to its average volume of 115599. Shares of Northwest Natural were trading at $46.73 on Tuesday. The firm’s 50 day moving average is $2.30 and its 200 day moving average is $3.64.Northwest Natural has a 12 month low of $46.54 and a 12 month high of $56.75. While on yearly highs and lows, Northwest Natural’s today has traded high as $47.18 and has touched $46.54 on the downward trend. See More Analyst Rating at: RATING

Northwest Natural Earnings and What to expect: 

Oblong last posted its quarterly earnings data on August 11th, 2021. The reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.03. The firm had revenue of $2.05 million for the quarter, compared to analyst estimates of $2.59 million. Oblong has generated ($1.48) earnings per share over the last year (($0.50) diluted earnings per share). Earnings for Oblong are expected to grow in the coming year, from ($0.57) to ($0.45) per share. Oblong has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 15th, 2021 based off prior year’s report dates.

Earnings for Oblong are expected to grow in the coming year, from ($0.57) to ($0.45) per share. The P/E ratio of Oblong is -3.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Oblong is -3.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Oblong has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Northwest Natural (OBLG) Moving Average Technical Analysis

5 day Moving Average is $1.98 And 5 day price change is -$0.01 (-0.27%)  with average volume for 5 day average is 44,840. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $2.15 and 20 day price change is -$0.50 (-20.14%) and average 20 day moving volume is 83,120. 50 day moving average is $2.30  and 50 day price change is -$0.65 ( -24.73%)  and with average volume for 50 days is : 283,758. 200 day moving average is $3.64  and 200 day price change is -$3.55 (-64.34%)  and with average volume for 200 days is : 238,350.

Other owners latest trading in Northwest Natural :

  • On 9/17/2021 shares held by Virtu Financial LLC were 11,650 which equates to market value of $40K and appx 0.00% owners of Northwest Natural
  • On 8/23/2021 shares held by Morgan Stanley were 3,427,945 which equates to market value of $11.66M and appx 0.00% owners of Northwest Natural
  • On 8/16/2021 shares held by Squarepoint Ops LLC were 14,987 which equates to market value of $51K and appx 0.00% owners of Northwest Natural
  • In total Institutional ownership equates to Institutional Ownership Percentage: 26.20% for Northwest Natural

See More Analyst Rating at: RATING