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NFE Stock New Fortress Energy (NFE, $21.85) was a top loser this quarter, falling -20.47%. Expect a Downtrend continuation

A.I.dvisor
at Tickeron.com
07/24/24
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NFE - New Fortress Energy
3-month drop
Bearish Trend
Odds of DOWN Trend

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Price: $21.85
Daily change: -$3.79 (-14.78%)
Daily volume: 5.4M
3-month price change: -$5.62 (-20.47%)
Capitalization: $4.5B
Industry: Gas Distributors
New Fortress Energy (NFE, $21.85) was a top loser over the last three months, falling -2 to $21.85 per share. A.I.dvisor analyzed 38 stocks in the Gas Distributors Industry for the 3-month period ending July 23, 2024, and found that of them (7) exhibited an Uptrend while of them (2) demonstrated a Downtrend. 312 similar cases when NFE's price dropped within three months. In out of those 312 cases, NFE's price went down during the following month. Based on these historical data, the odds of a Downtrend continuation for NFE are
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General Information

a developer of energy infrastructure projects

Industry GasDistributors

Profile
Fundamentals
Details
Industry
Engineering And Construction
Address
111 W. 19th Street
Phone
+1 516 268-7400
Employees
677
Web
https://www.newfortressenergy.com