Is The Narragansett Electric stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, The Narragansett Electric pays dividends. Last time was Monday 1st of May 2023 where the investors holding the stock on Friday 14th of April 2023 were paid $0.5625 per share. Over the last 75 times between 2004 and 2023, The Narragansett Electric has paid $42.1995 with an average of $0.56 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for The Narragansett Electric 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $50.00, you would have made a profit of $5.00 per share or 10.00%
No, the average daily trading liquidity for The Narragansett Electric is $5 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
The Narragansett Electric has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for The Narragansett Electric to be low [0 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.