NFE
New Fortress Energy Inc. Energy - Oil & Gas Midstream Investor Relations →
New Fortress Energy Inc. (NFE) closed at $0.78 as of 2026-03-20, trading 96.4% below its 200-week moving average of $21.88. This places NFE in the extreme value zone. The stock is currently moving closer to the line, down from -95.1% last week. The 14-week RSI sits at 36, indicating neutral momentum.
A big spike in selling this week — 4.8x the usual volume, and the price dropped. Sometimes this kind of heavy selling marks the end of a decline. The idea is that the last reluctant holders have finally sold, leaving fewer sellers left to push the price lower.
Over the past 324 weeks of data, NFE has crossed below its 200-week moving average 8 times. On average, these episodes lasted 21 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 $222 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 0.2x 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 $6, compared to $221 for the S&P 500. NFE has returned -36.4% annualized vs 13.5% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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% | -93.7% |
| Jun 2020 | Jul 2020 | 4 | 11.6% | +205.3% | -93.1% |
| Nov 2021 | Feb 2022 | 13 | 19.6% | +104.0% | -96.5% |
| Mar 2023 | Apr 2023 | 4 | 6.2% | +16.2% | -97.1% |
| May 2023 | Aug 2023 | 16 | 13.2% | -7.2% | -97.3% |
| Sep 2023 | Oct 2023 | 3 | 3.5% | -68.0% | -97.4% |
| Oct 2023 | Nov 2023 | 2 | 5.2% | -71.3% | -97.4% |
| Jan 2024 | Ongoing | 114+ | 96.4% | Ongoing | -97.6% |
| Average | 21 | — | +59.6% | — |
Frequently Asked Questions
Is NFE below its 200-week moving average?
Yes. As of 2026-03-20, New Fortress Energy Inc. (NFE) is trading 96.4% below its 200-week moving average of $21.88. The current price is $0.78.
What is NFE's 200-week moving average price?
New Fortress Energy Inc.'s 200-week moving average is $21.88 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NFE drops below its 200-week moving average?
NFE has crossed below its 200-week moving average 8 times in our data. On average, buying at that moment produced a one-year return of +59.6%. These dips have historically been decent entry points. These episodes lasted 21 weeks on average.
Is NFE a good value right now?
Here's what our data says about NFE as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 36. Free cash flow is currently negative. Return on equity is -87.3%. Price-to-book is 0.2x. This is not a buy or sell recommendation — always do your own research.
How does NFE compare to the S&P 500?
Over the past 6.2 years, $100 invested in NFE would have grown to $6, compared to $221 for the S&P 500. That's -36.4% annualized vs 13.5% for the index. NFE has underperformed the broader market over this period.
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 week of 2026-03-20