Is Now the Time to Invest in Nam Tai Property Inc. (NYSE:NTP)?

Is Now the Time to Invest in Nam Tai Property Inc. (NYSE:NTP)?


The Nam Tai Property Inc. (NTP) shares are trading at higher $5.90.

To add more color to this target, the company’s high over the last year is $10.75 and the low is $3.66. Over the last 52 weeks, NTP is down -45.12% while the S&P 500 is down -2.38%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, NTP reported a profit of $82000.0. Nam Tai Property Inc. also saw revenues increase to $0.7 million. In addition, NTP has free cash flow of -$30.43 million as of 03-2020 The company’s EBITDA came in at -$3.38 million which compares well with its peers.

NTP Return on Equity (ROE) is -6.80%, and its Return on Assets is -3.80%. All told, it is clear that, NTP needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. NTP has a short ratio of 10.18 and outstanding shares of 38.84M.

Company Outlook

NTP has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 28360.0 and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.38. Nam Tai Property Inc. NTP also noted assets of $460.56 million at the end of the last quarter. Investors should also keep an eye on sector updates as NTP has historically followed its peers on positive news.

All told, Nam Tai Property Inc. NTP has strung together solid data and demonstrated underlying fundamentals. At its current valuation, NTP represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Nam Tai Property Inc. NTP is now commanding a market cap of 226.97M and a float of 22.06M. NTP is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of NTP stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in NTP, either long or short, and we have not been compensated for this article.