NOV Inc (NYSE: NOV) started the day on Wednesday, with a price increase of 1.04% at $15.51, before settling in for the price of $15.35 at the close. Taking a more long-term approach, NOV posted a 52-week range of $14.98-$21.23.
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It was noted that the giant of the Energy sector posted annual sales growth of 2.46% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -36.53%. This publicly-traded company’s shares outstanding now amounts to $393.95 million, simultaneously with a float of $386.41 million. The organization now has a market capitalization sitting at $6.03 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.36, while the 200-day Moving Average is $18.01.
NOV Inc (NOV) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Equipment & Services Industry. NOV Inc’s current insider ownership accounts for 0.69%, in contrast to 98.27% institutional ownership. According to the most recent insider trade that took place on Feb 22 ’24, this organization’s VP, Corp. Controller, CAO sold 3,500 shares at the rate of 17.43, making the entire transaction reach 60,988 in total value, affecting insider ownership by 114,212.
NOV Inc (NOV) Earnings and Revenue Records
NOV Inc’s EPS decrease for this current 12-month fiscal period is -36.53% and is forecasted to reach 1.61 in the upcoming year.
NOV Inc (NYSE: NOV) Trading Performance Indicators
Let’s observe the current performance indicators for NOV Inc (NOV). It’s Quick Ratio in the last reported quarter now stands at 1.65. The Stock has managed to achieve an average true range (ATR) of 0.44. Alongside those numbers, its PE Ratio stands at $5.74, and its Beta score is 1.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.68. Similarly, its price to free cash flow for trailing twelve months is now 7.73.
In the same vein, NOV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.70, a figure that is expected to reach 0.39 in the next quarter, and analysts are predicting that it will be 1.61 at the market close of one year from today.
Technical Analysis of NOV Inc (NOV)
If we take a close look at the recent performances of NOV Inc (NYSE: NOV), its last 5-days Average volume was 5.26 million that shows progress from its year to date volume of 3.73 million. During the previous 9 days, stock’s Stochastic %D was recorded 36.12% While, its Average True Range was 0.43.
Raw Stochastic average of NOV Inc (NOV) in the period of the previous 100 days is set at 8.45%, which indicates a major fall in contrast to 35.96% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.69% that was lower than 31.31% volatility it exhibited in the past 100-days period.
