NOV Inc (NYSE: NOV) established initial surge of 0.16% at $18.50, before settling in for the price of $18.47 at the close. Taking a more long-term approach, NOV posted a 52-week range of $14.05-$21.91.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 2.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -35.70%. This publicly-traded company’s shares outstanding now amounts to $393.95 million, simultaneously with a float of $390.43 million. The organization now has a market capitalization sitting at $7.29 billion. At the time of writing, stock’s 50-day Moving Average stood at $18.37, while the 200-day Moving Average is $19.42.
NOV Inc (NOV) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the NOV Inc industry. NOV Inc’s current insider ownership accounts for 0.91%, in contrast to 97.34% institutional ownership. According to the most recent insider trade that took place on Feb 22 ’24, this organization’s VP, Corp. Controller, CAO sold 3,500 shares at the rate of 17.43, making the entire transaction reach 60,988 in total value, affecting insider ownership by 114,212.
NOV Inc (NOV) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.45 per share during the current fiscal year.
NOV Inc’s EPS decrease for this current 12-month fiscal period is -35.70% and is forecasted to reach 1.85 in the upcoming year.
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 1.51. The Stock has managed to achieve an average true range (ATR) of 0.52. Alongside those numbers, its PE Ratio stands at $7.39, and its Beta score is 1.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.85.
In the same vein, NOV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.50, a figure that is expected to reach 0.31 in the next quarter, and analysts are predicting that it will be 1.85 at the market close of one year from today.
Technical Analysis of NOV Inc (NOV)
Now, what If we examine the latest scores posted by [NOV Inc, NOV]. During the last 5-days, its volume was lower the volume of 4.32 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 5.32% While, its Average True Range was 0.53.
Raw Stochastic average of NOV Inc (NOV) in the period of the previous 100 days is set at 38.72%, which indicates a major rise in contrast to 5.68% 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 21.61% that was lower than 33.08% volatility it exhibited in the past 100-days period.
