On Monday, NOV Inc (NYSE: NOV) opened lower -0.85% from the last session, before settling in for the closing price of $18.75. Price fluctuations for NOV have ranged from $14.05 to $21.91 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 2.46%. Company’s average yearly earnings per share was noted -35.70% at the time writing. With a float of $390.43 million, this company’s outstanding shares have now reached $393.95 million.
The extent of productivity of a business whose workforce counts for 33676 workers is very important to gauge.
NOV Inc (NOV) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of NOV Inc is 0.91%, while institutional ownership is 97.35%. The most recent insider transaction that took place on Feb 22 ’24, was worth 60,988. In this transaction VP, Corp. Controller, CAO of this company sold 3,500 shares at a rate of $17.43, taking the stock ownership to the 114,212 shares.
NOV Inc (NOV) Latest Financial update
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted $0.28 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.41) by -$0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -35.70% per share during the next fiscal year.
NOV Inc (NYSE: NOV) Trading Performance Indicators
Check out the current performance indicators for NOV Inc (NOV). In the past quarter, the stock posted a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.50, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of NOV Inc (NOV)
The latest stats from [NOV Inc, NOV] show that its last 5-days average volume of 3.18 million was inferior to 4.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.56%. Additionally, its Average True Range was 0.52.
During the past 100 days, NOV Inc’s (NOV) raw stochastic average was set at 40.74%, which indicates a significant increase from 15.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.29% in the past 14 days, which was lower than the 33.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.43, while its 200-day Moving Average is $19.45. Now, the first resistance to watch is $18.86. This is followed by the second major resistance level at $19.12. The third major resistance level sits at $19.45. If the price goes on to break the first support level at $18.26, it is likely to go to the next support level at $17.93. The third support level lies at $17.66 if the price breaches the second support level.
NOV Inc (NYSE: NOV) Key Stats
There are currently 395,484K shares outstanding in the company with a market cap of 7.32 billion. Presently, the company’s annual sales total 8,583 M according to its annual income of 993,000 K. Last quarter, the company’s sales amounted to 2,343 M and its income totaled 598,000 K.
