NewtekOne (NASDAQ:NEWT) Shares Pass Above Two Hundred Day Moving Average of $12.30

Market Beat
2024.08.29 07:15
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NewtekOne (NASDAQ:NEWT) shares have crossed above the 200-day moving average of $0.30 during trading, reaching a high of $0.63. Currently trading at $0.37, the stock has a market cap of $96 million and a P/E ratio of 7.98. Analysts have raised their rating on the stock from 'sell' to 'hold', with a consensus price target of $0.50. The company recently announced a dividend of $0.19 per share and has a payout ratio of 49.03%. CEO Barry Sloane and CFO Michael Scott Price recently acquired shares in the company.