Dnow Inc (NYSE: DNOW) on Tuesday, plunged -2.75% from the previous trading day, before settling in for the closing price of $11.98. Within the past 52 weeks, DNOW’s price has moved between $9.44 and $15.65.
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It was noted that within the last five years, the titan of the Industrials sector saw sales slided by -2.08%. The company achieved an average annual earnings per share of -12.37%. With a float of $104.35 million, this company’s outstanding shares have now reached $106.26 million.
The extent of productivity of a business whose workforce counts for 2475 workers is very important to gauge. In terms of profitability, gross margin is 22.92%, operating margin of 5.99%, and the pretax margin is 5.56%.
Dnow Inc (DNOW) Insider Updates
Observing investor behavior towards Industrial Distribution industry stocks is more important than anything else. The insider ownership of Dnow Inc is 1.99%, while institutional ownership is 102.34%. The most recent insider transaction that took place on Aug 12 ’24, was worth 44,310. In this transaction an insider of this company sold 3,500 shares at a rate of $12.66, taking the stock ownership to the 43,648 shares. Before that another transaction happened on May 14 ’24, when Company’s VP and General Counsel sold 93,284 for $13.51, making the entire transaction worth $1,260,267. This insider now owns 283,837 shares in total.
Dnow Inc (DNOW) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -12.37% per share during the next fiscal year.
Dnow Inc (NYSE: DNOW) Trading Performance Indicators
Dnow Inc (DNOW) is currently performing well based on its current performance indicators. A quick ratio of 1.51 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 0.53. Likewise, its price to free cash flow for the trailing twelve months is 6.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.08, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 0.89 in one year’s time.
Technical Analysis of Dnow Inc (DNOW)
The latest stats from [Dnow Inc, DNOW] show that its last 5-days average volume of 0.72 million was inferior to 0.93 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 17.58%. Additionally, its Average True Range was 0.31.
During the past 100 days, Dnow Inc’s (DNOW) raw stochastic average was set at 5.44%, which indicates a significant decrease from 8.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.92% in the past 14 days, which was lower than the 32.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.49, while its 200-day Moving Average is $13.22. Now, the first resistance to watch is $11.87. This is followed by the second major resistance level at $12.10. The third major resistance level sits at $12.26. If the price goes on to break the first support level at $11.48, it is likely to go to the next support level at $11.32. Assuming the price breaks the second support level, the third support level stands at $11.09.
Dnow Inc (NYSE: DNOW) Key Stats
Market capitalization of the company is 1.24 billion based on 106,470K outstanding shares. Right now, sales total 2,321 M and income totals 247,000 K. The company made 633,000 K in profit during its latest quarter, and 24,000 K in sales during its previous quarter.
