On Monday, NOV Inc (NYSE: NOV) opened higher 1.78% from the last session, before settling in for the closing price of $14.07. Price fluctuations for NOV have ranged from $13.97 to $21.23 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 2.46%. Company’s average yearly earnings per share was noted -37.33% at the time writing. With a float of $386.42 million, this company’s outstanding shares have now reached $389.08 million.
Considering the fact that the conglomerate employs 33676 people, you should pay attention to its efficiency factor. 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 Activity
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 0.68%, while institutional ownership is 97.11%. The most recent insider transaction that took place on Nov 20 ’24, was worth 28,722. In this transaction Director of this company sold 1,784 shares at a rate of $16.10, taking the stock ownership to the 110,951 shares. Before that another transaction happened on Nov 07 ’24, when Company’s insider sold 29,410 for $16.49, making the entire transaction worth $485,085. This insider now owns 61,752 shares in total.
NOV Inc (NOV) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -37.33% 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 0.63. Likewise, its price to free cash flow for the trailing twelve months is 7.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.70, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.54 in one year’s time.
Technical Analysis of NOV Inc (NOV)
Compared to the last year’s volume of 3.83 million, its volume of 8.98 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.21%. Additionally, its Average True Range was 0.46.
During the past 100 days, NOV Inc’s (NOV) raw stochastic average was set at 6.94%, which indicates a significant decrease from 16.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.01% in the past 14 days, which was lower than the 30.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.61, while its 200-day Moving Average is $17.54. Nevertheless, the first resistance level for the watch stands at $14.47 in the near term. At $14.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.87. If the price goes on to break the first support level at $14.06, it is likely to go to the next support level at $13.80. Should the price break the second support level, the third support level stands at $13.65.
NOV Inc (NYSE: NOV) Key Stats
There are currently 389,084K shares outstanding in the company with a market cap of 5.57 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.
