On Monday, NOV Inc (NYSE: NOV) was 0.19% up from the session before settling in for the closing price of $15.97. A 52-week range for NOV has been $14.98 – $21.23.
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
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 2.46%. When this article was written, the company’s average yearly earnings per share was at -37.27%. With a float of $386.42 million, this company’s outstanding shares have now reached $393.95 million.
The extent of productivity of a business whose workforce counts for 33676 workers is very important to gauge. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward NOV Inc stocks. The insider ownership of NOV Inc is 0.68%, while institutional ownership is 97.26%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.51 earnings per share (EPS) during the time that was better than consensus figure (set at 0.42) by 1.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
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
You can see what NOV Inc (NOV) is doing with its current performance indicators. In the most recent 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 0.69. Likewise, its price to free cash flow for the trailing twelve months is 7.85.
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)
The latest stats from [NOV Inc, NOV] show that its last 5-days average volume of 3.18 million was inferior to 3.71 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 40.45%. Additionally, its Average True Range was 0.46.
During the past 100 days, NOV Inc’s (NOV) raw stochastic average was set at 16.33%, which indicates a significant decrease from 50.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.39% in the past 14 days, which was higher than the 33.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.01, while its 200-day Moving Average is $17.76. Now, the first resistance to watch is $16.19. This is followed by the second major resistance level at $16.37. The third major resistance level sits at $16.48. If the price goes on to break the first support level at $15.90, it is likely to go to the next support level at $15.79. Assuming the price breaks the second support level, the third support level stands at $15.61.
NOV Inc (NYSE: NOV) Key Stats
There are 389,084K outstanding shares of the company, which has a market capitalization of 6.13 billion. As of now, sales total 8,583 M while income totals 993,000 K. Its latest quarter income was 2,191 M while its last quarter net income were 130,000 K.
