ServiceNow Inc (NOW) with a beta value of 0.98 appears to be a promising investment opportunity.

ServiceNow Inc (NYSE: NOW) on Tuesday, soared 1.51% from the previous trading day, before settling in for the closing price of $806.62. Within the past 52 weeks, NOW’s price has moved between $527.24 and $850.33.

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

Technology Sector giant saw their annual sales surged by 28.08% over the last five years. The company achieved an average annual earnings per share of 27.84%. With a float of $205.00 million, this company’s outstanding shares have now reached $206.00 million.

The firm has a total of 22668 workers. Let’s measure their productivity.

ServiceNow Inc (NOW) Breakdown of a Key Holders of the stock

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of ServiceNow Inc is 0.48%, while institutional ownership is 90.79%. The most recent insider transaction that took place on Aug 13 ’24, was worth 1,204,704. Before that another transaction happened on Aug 13 ’24, when Company’s Officer proposed sale 804 for $812.00, making the entire transaction worth $652,848.

ServiceNow Inc (NOW) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 27.84% per share during the next fiscal year.

ServiceNow Inc (NYSE: NOW) Trading Performance Indicators

ServiceNow Inc (NOW) is currently performing well based on its current performance indicators. A quick ratio of 1.05 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 16.94. Likewise, its price to free cash flow for the trailing twelve months is 54.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.53, a number that is poised to hit 3.45 in the next quarter and is forecasted to reach 16.55 in one year’s time.

Technical Analysis of ServiceNow Inc (NOW)

Analysing the last 5-days average volume posted by the [ServiceNow Inc, NOW], we can find that recorded value of 0.92 million was lower than the volume posted last year of 1.33 million. As of the previous 9 days, the stock’s Stochastic %D was 71.43%. Additionally, its Average True Range was 28.09.

During the past 100 days, ServiceNow Inc’s (NOW) raw stochastic average was set at 85.15%, which indicates a significant increase from 69.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.61% in the past 14 days, which was higher than the 41.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $759.31, while its 200-day Moving Average is $731.95. Now, the first resistance to watch is $824.25. This is followed by the second major resistance level at $829.69. The third major resistance level sits at $836.52. If the price goes on to break the first support level at $811.98, it is likely to go to the next support level at $805.15. Now, if the price goes above the second support level, the third support stands at $799.71.

ServiceNow Inc (NYSE: NOW) Key Stats

Market capitalization of the company is 168.67 billion based on 205,000K outstanding shares. Right now, sales total 8,971 M and income totals 1,731 M. The company made 2,627 M in profit during its latest quarter, and 262,000 K in sales during its previous quarter.