NOV Inc. (NYSE: NOV) started the day on February 11, 2021, with a price decrease of -1.52% at $13.64. During the day, the stock rose to $13.85 and sunk to $13.27 before settling in for the price of $13.85 at the close. Taking a more long-term approach, NOV posted a 52-week range of $7.70-$24.21.
In the past 5-years timespan, the Energy sector firm’s annual sales growth was -16.90%. Meanwhile, its Annual Earning per share during the time was -36.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.20%. This publicly-traded company’s shares outstanding now amounts to $385.00 million, simultaneously with a float of $355.64 million. The organization now has a market capitalization sitting at $5.46 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.83, while the 200-day Moving Average is $12.10.
If we measure the efficiency of the company that is accounted for 35479 employees. For the Profitability, stocks gross margin was +7.13, operating margin was -8.77 and Pretax Margin of -45.63.
NOV Inc. (NOV) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Equipment & Services Industry. NOV Inc.’s current insider ownership accounts for 0.45%, in contrast to 99.30% institutional ownership. According to the most recent insider trade that took place on Mar 18, this organization’s Senior VP and CFO bought 8,500 shares at the rate of 8.24, making the entire transaction reach 70,005 in total value, affecting insider ownership by 254,248. Preceding that transaction, on Mar 16, Company’s Senior VP and CFO bought 11,500 for 8.85, making the whole transaction’s value amount to 101,775. This particular insider is now the holder of 245,748 in total.
NOV Inc. (NOV) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported -$0.29 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.19) by -$0.1. This company achieved a net margin of -41.74 while generating a return on equity of -38.94. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
NOV Inc.’s EPS increase for this current 12-month fiscal period is 3.20% and is forecasted to reach 0.15 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 18.90% through the next 5 years, which can be compared against the -36.90% growth it accomplished over the previous five years trading on the market.
NOV Inc. (NYSE: NOV) Trading Performance Indicators
Let’s observe the current performance indicators for NOV Inc. (NOV). It’s Quick Ratio in the last reported quarter now stands at 1.90. The Stock has managed to achieve an average true range (ATR) of 0.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.90. Similarly, its price to free cash flow for trailing twelve months is now 5.91.
In the same vein, NOV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -7.17, a figure that is expected to reach -0.13 in the next quarter, and analysts are predicting that it will be 0.15 at the market close of one year from today.
Technical Analysis of NOV Inc. (NOV)
If we take a close look at the recent performances of NOV Inc. (NYSE: NOV), its last 5-days Average volume was 5.36 million that shows plunge from its year to date volume of 5.38 million. During the previous 9 days, stock’s Stochastic %D was recorded 67.64% While, its Average True Range was 0.63.
Raw Stochastic average of NOV Inc. (NOV) in the period of the previous 100 days is set at 69.64%, which indicates a major rise in contrast to 68.60% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 46.25% that was lower than 67.61% volatility it exhibited in the past 100-days period.