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Recent Share Trades for Newmark Security (NWT)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
06-Dec-23 15:53:48 62.90 7,949 Buy* 55.00 60.00 5,000 O
06-Dec-23 15:41:56 59.25 8,418 Buy* 55.00 60.00 4,988 O
06-Dec-23 08:05:32 59.25 2,102 Buy* 55.00 60.00 1,245 O
So another NWT rise today: up 1.5p (2.61%) on the day, closing at 59p (55p - 63p): which is not only another new two-year closing high, but also a new two-year high period, i.e. exceeding the previous two-year intraday high as well.
And the 62.9p paid for the last buy today is well over the previous high paid this year (60.75p in August).
The last of the sub-60p NWT stock available has now gone, and just a penny rise will see a long-overdue NWT move into the 60s.
Recent Share Trades for Newmark Security (NWT)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
11-Dec-23 15:28:28 63.00 1,000 Buy* 58.00 65.00 630.00 O
11-Dec-23 15:22:39 63.00 1,000 Buy* 55.00 63.00 630.00 O
11-Dec-23 13:50:12 63.00 1,000 Buy* 55.00 63.00 630.00 O
11-Dec-23 13:42:11 62.50 5,800 Buy* 55.00 63.00 3,625 O
So another new two-year high today for NWT, and a long-overdue move into the 60s: up 2.5p (4.24%), closing at 61.5p (58p - 65p).
This looks like a significant chart breakout upwards from the 50s trading range of most of the last nine months.
From the legendary Jesse Livermore:-
"Buy rule:
Go long when a stock hits a 50-week high"
https://www.tradingwithrayner.com/jesse-livermore-quotes/
NWT has today moved up a further 3p (4.32%), to 72.5p (70p - 75p).
That's a new three-year closing high, and indeed is NWT's highest closing high (consolidation-adjusted) since February 2020 - before COVID-19 really began to impact here.
And it marks a concerted move into the 70s; just ten days after moving into the 60s, after nine months mainly in the 50s.
So the NWT s.p. is clearly on a bit of a roll at the moment.
And with such strong s.p. momentum upwards, plenty of good news in the offing shortly, and still massively undervalued and with a huge rarity factor, the fun here should only just be starting.
80p should be cleared pretty soon I would think, with 100p then the next target looking quickly achievable; and above 100p there looks to be little chart resistance until about the 150p level.
Happy Twelfth Night to one & all, and enjoy both this, and the feast of Epiphany tomorrow - the Feast of The Wise Men.
And in fine keeping with this culmination of the Christmas festivities, the NWT s.p. has today made an almost Falstaffian leap into the 80s!
Closing for the weekend up a rather tasty 7.5p (10.1%), to 82p (79p - 85p).
Which is a new seven year closing high, surpassing the 80p (consolidation-adjusted) reached in February 2020, and is NWT's highest closing s.p. since September 2016.
Good Cheer!
NWT's striking rise is attracting new attention to the stock, including from this American defence-aerospace news portal:-
"Newmark Security (LON:NWT) Reaches New 1-Year High at $82.00
Posted by Defense World Staff on Jan 7th, 2024
Newmark Security plc (LON:NWT – Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as GBX 82 ($1.04) and last traded at GBX 80 ($1.02), with a volume of 7795 shares trading hands. The stock had previously closed at GBX 74.50 ($0.95). ..."
https://www.defenseworld.net/2024/01/07/newmark-security-lonnwt-reaches-new-1-year-high-at-82-00.html
Though they've got some of the info. wrong, e.g. reporting the s.p. as $82 rather than 82 pence. (Though perhaps one day ...!)
But is does draw attention to the fact that in dollar term, the NWT s.p. has now passed the one dollar level: at the current US$-£ exchange rate of US$1.27 to £1, 82p equates to US$1.04.
A sign that the new, transformed NWT is now starting to 'come of age' as a stock:-
"Typically, however, the term penny stocks refers to stocks that trade for less than $1 per share ..."
https://money.usnews.com/investing/term/penny-stocks
And I would expect a lot more press coverage of NWT this year, as well as some long overdue press tips of the stock.
Defense World has today again featured NWT, highlighting the stock's recent passing above its 200-day moving average:-
"Newmark Security (LON:NWT) Stock Passes Above Two Hundred Day Moving Average of $59.73
Posted by Defense World Staff on Feb 8th, 2024
Newmark Security logoNewmark Security plc (LON:NWT – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 59.73 ($0.75) and traded as high as GBX 77 ($0.97). Newmark Security shares last traded at GBX 74.50 ($0.93), with a volume of 130 shares traded ..."
https://www.defenseworld.net/2024/02/08/newmark-security-lonnwt-stock-passes-above-two-hundred-day-moving-average-of-59-73.html
Though as on 7th. January they've got some of the info. wrong, e.g. reporting the m.a. as $59.73 rather than 59.73 pence.
But it does draw attention to NWT's quite striking s.p. breakout, and how this is attracting increased attention to the stock.
"What Is the 200-Day Simple Moving Average and How to Find It
By J.B. MAVERICK Updated October 01, 2023
Reviewed by SAMANTHA SILBERSTEIN
Fact checked by KATRINA MUNICHIELLO
The 200-day simple moving average (SMA) is considered a key indicator by traders and market analysts for determining overall long-term market trends. It is calculated by plotting the average price over the past 200 days, along with the daily price chart and other moving averages. ..."
https://www.investopedia.com/ask/answers/013015/why-200-simple-moving-average-sma-so-common-traders-and-analysts.asp