Shares of New Fortress Energy Inc. (NASDAQ:NFE) traded at a new 52-week high today of $65.81. This new high was reached on below average trading volume as 105,000 shares traded hands, while the average 30-day volume is approximately 527,000 shares.
New Fortress Energy Inc. (NASDAQ:NFE) is currently priced 46.4% above its average consensus analyst price target of $32.76.
In the past 52 weeks, New Fortress Energy Inc. share prices are bracketed by a low of $24.51 and a high of $65.81 and is now at $61.15, 149% above that low price.
New Fortress Energy Inc is an integrated gas-to-power company. The company is mainly engaged in providing modern infrastructure solutions to create a cleaner, reliable energy while generating a positive economic impact. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. Geographically, it has operations in North America, the Caribbean, and Europe.
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