On Friday, NOV Inc (NYSE: NOV) opened at On Friday, remained unchanged from the last session, before settling in for the closing price of $16.90. Price fluctuations for NOV have ranged from $15.47 to $21.71 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 2.46%. Company’s average yearly earnings per share was noted -33.97% at the time writing. With a float of $391.00 million, this company’s outstanding shares have now reached $393.95 million.
Let’s determine the extent of company efficiency that accounts for 33676 employees.
NOV Inc (NOV) Breakdown of a Key Holders of the stock
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 0.69%, while institutional ownership is 94.89%. 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) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.29 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.34) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -33.97% 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 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.75. Likewise, its price to free cash flow for the trailing twelve months is 14.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.66, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.80 in one year’s time.
Technical Analysis of NOV Inc (NOV)
Looking closely at NOV Inc (NYSE: NOV), its last 5-days average volume was 5.43 million, which is a jump from its year-to-date volume of 3.7 million. As of the previous 9 days, the stock’s Stochastic %D was 82.70%. Additionally, its Average True Range was 0.50.
During the past 100 days, NOV Inc’s (NOV) raw stochastic average was set at 24.96%, which indicates a significant decrease from 69.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.02% in the past 14 days, which was lower than the 33.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.87, while its 200-day Moving Average is $18.54. However, in the short run, NOV Inc’s stock first resistance to watch stands at $17.02. Second resistance stands at $17.14. The third major resistance level sits at $17.35. If the price goes on to break the first support level at $16.69, it is likely to go to the next support level at $16.48. Now, if the price goes above the second support level, the third support stands at $16.36.
NOV Inc (NYSE: NOV) Key Stats
There are currently 395,536K shares outstanding in the company with a market cap of 6.65 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 2,216 M and its income totaled 226,000 K.
