On Tuesday, NOV Inc (NYSE: NOV) opened higher 0.06% from the last session, before settling in for the closing price of $16.53. Price fluctuations for NOV have ranged from $14.98 to $21.23 over the past 52 weeks.
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Annual sales at Energy sector company grew by 2.46% over the past five years. Company’s average yearly earnings per share was noted -37.27% at the time writing. With a float of $386.41 million, this company’s outstanding shares have now reached $393.95 million.
Let’s look at the performance matrix of the company that is accounted for 33676 employees. In terms of profitability, gross margin is 24.04%, operating margin of 10.73%, and the pretax margin is 8.62%.
NOV Inc (NOV) Insider and Institutional Ownership
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 101.04%. The most recent insider transaction that took place on Nov 07 ’24, was worth 485,085. In this transaction an insider of this company sold 29,410 shares at a rate of $16.49, taking the stock ownership to the 61,752 shares. Before that another transaction happened on Nov 07 ’24, when Company’s President – Energy Equipment sold 73,256 for $16.40, making the entire transaction worth $1,201,076. This insider now owns 191,567 shares in total.
NOV Inc (NOV) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -37.27% 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 1.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 8.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.70, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.57 in one year’s time.
Technical Analysis of NOV Inc (NOV)
NOV Inc (NYSE: NOV) saw its 5-day average volume 3.96 million, a positive change from its year-to-date volume of 3.72 million. As of the previous 9 days, the stock’s Stochastic %D was 76.30%. Additionally, its Average True Range was 0.47.
During the past 100 days, NOV Inc’s (NOV) raw stochastic average was set at 25.02%, which indicates a significant decrease from 82.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.25% in the past 14 days, which was higher than the 33.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.05, while its 200-day Moving Average is $17.82. Nevertheless, the first resistance level for the watch stands at $16.67 in the near term. At $16.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.94. If the price goes on to break the first support level at $16.40, it is likely to go to the next support level at $16.25. The third support level lies at $16.13 if the price breaches the second support level.
NOV Inc (NYSE: NOV) Key Stats
There are currently 389,084K shares outstanding in the company with a market cap of 6.44 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 2,191 M and its income totaled 130,000 K.
