NFE
New Fortress Energy Inc. Energy - Oil & Gas Midstream Investor Relations →
New Fortress Energy Inc. (NFE) closed at $1.26 as of 2026-02-02, trading 94.5% below its 200-week moving average of $22.99. This places NFE in the extreme value zone. The stock is currently moving closer to the line, down from -94.3% last week. The 14-week RSI sits at 49, indicating neutral momentum.
Over the past 318 weeks of data, NFE has crossed below its 200-week moving average 8 times. On average, these episodes lasted 20 weeks. Historically, investors who bought NFE at the start of these episodes saw an average one-year return of +59.6%.
With a market cap of $359 million, NFE is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -87.3%. The stock trades at 0.4x book value.
Share count has increased 28.8% over three years, indicating dilution.
Over the past 6.2 years, a hypothetical investment of $100 in NFE would have grown to $10, compared to $234 for the S&P 500. NFE has returned -31.7% annualized vs 14.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: NFE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NFE Crosses Below the Line?
Across 8 historical episodes, buying NFE when it crossed below its 200-week moving average produced an average return of +43.9% after 12 months (median +5.0%), compared to +27.6% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was -1.0% vs +42.5% for the index.
Each line shows $100 invested at the moment NFE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NFE has crossed below its 200-week MA 8 times with an average 1-year return of +59.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2020 | May 2020 | 12 | 38.0% | +238.3% | -89.8% |
| Jun 2020 | Jul 2020 | 4 | 11.6% | +205.3% | -88.9% |
| Nov 2021 | Feb 2022 | 13 | 19.6% | +104.0% | -94.4% |
| Mar 2023 | Apr 2023 | 4 | 6.2% | +16.2% | -95.3% |
| May 2023 | Aug 2023 | 16 | 13.2% | -7.2% | -95.6% |
| Sep 2023 | Oct 2023 | 3 | 3.5% | -68.0% | -95.8% |
| Oct 2023 | Nov 2023 | 2 | 5.2% | -71.3% | -95.8% |
| Jan 2024 | Ongoing | 108+ | 95.7% | Ongoing | -96.0% |
| Average | 20 | — | +59.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02