Witnessing the stock’s movement on the chart, on Wednesday, NOV Inc (NYSE: NOV) set off with pace as it heaved 1.85% to $15.38, before settling in for the price of $15.10 at the close. Taking a more long-term approach, NOV posted a 52-week range of $14.94-$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
The Energy Sector giants’ yearly sales growth during the last 5-year period was 2.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -37.56%. This publicly-traded company’s shares outstanding now amounts to $389.08 million, simultaneously with a float of $386.42 million. The organization now has a market capitalization sitting at $5.98 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.90, while the 200-day Moving Average is $17.65.
NOV Inc (NOV) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Equipment & Services industry. NOV Inc’s current insider ownership accounts for 0.68%, in contrast to 97.16% institutional ownership. According to the most recent insider trade that took place on Nov 20 ’24, this organization’s Director sold 1,784 shares at the rate of 16.10, making the entire transaction reach 28,722 in total value, affecting insider ownership by 110,951. Preceding that transaction, on Nov 07 ’24, Company’s insider sold 29,410 for 16.49, making the whole transaction’s value amount to 485,085. This particular insider is now the holder of 61,752 in total.
NOV Inc (NOV) Earnings and Revenue Records
NOV Inc’s EPS decrease for this current 12-month fiscal period is -37.56% and is forecasted to reach 1.56 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 0.46. Alongside those numbers, its PE Ratio stands at $5.69, and its Beta score is 1.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.67. Similarly, its price to free cash flow for trailing twelve months is now 7.66.
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 0.37 in the next quarter, and analysts are predicting that it will be 1.56 at the market close of one year from today.
Technical Analysis of NOV Inc (NOV)
Going through the that latest performance of [NOV Inc, NOV]. Its last 5-days volume of 4.01 million indicated improvement to the volume of 3.71 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 16.38% While, its Average True Range was 0.47.
Raw Stochastic average of NOV Inc (NOV) in the period of the previous 100 days is set at 7.03%, which indicates a major fall in contrast to 23.16% 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 26.98% that was lower than 33.37% volatility it exhibited in the past 100-days period.
