On Tuesday, Dnow Inc (NYSE: DNOW) was 4.27% up from the session before settling in for the closing price of $14.53. A 52-week range for DNOW has been $8.83 – $15.57.
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During the last 5-year period, the sales drop of Industrials Sector giant was -2.08%. When this article was written, the company’s average yearly earnings per share was at 4.38%. With a float of $104.02 million, this company’s outstanding shares have now reached $106.26 million.
Let’s determine the extent of company efficiency that accounts for 2475 employees.
Dnow Inc (DNOW) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dnow Inc stocks. The insider ownership of Dnow Inc is 2.02%, while institutional ownership is 98.55%.
Dnow Inc (DNOW) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted 0.25 earnings per share (EPS) during the time that was better than consensus figure (set at 0.23) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.38% per share during the next fiscal year.
Dnow Inc (NYSE: DNOW) Trading Performance Indicators
You can see what Dnow Inc (DNOW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 9.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.25, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Dnow Inc (DNOW)
Looking closely at Dnow Inc (NYSE: DNOW), its last 5-days average volume was 0.74 million, which is a drop from its year-to-date volume of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 39.14%. Additionally, its Average True Range was 0.42.
During the past 100 days, Dnow Inc’s (DNOW) raw stochastic average was set at 93.07%, which indicates a significant increase from 65.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.77% in the past 14 days, which was lower than the 40.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.17, while its 200-day Moving Average is $11.71. However, in the short run, Dnow Inc’s stock first resistance to watch stands at $15.47. Second resistance stands at $15.78. The third major resistance level sits at $16.35. If the price goes on to break the first support level at $14.58, it is likely to go to the next support level at $14.01. Should the price break the second support level, the third support level stands at $13.70.
Dnow Inc (NYSE: DNOW) Key Stats
There are 108,894K outstanding shares of the company, which has a market capitalization of 1.61 billion. As of now, sales total 2,321 M while income totals 247,000 K. Its latest quarter income was 555,000 K while its last quarter net income were 147,000 K.
