NOV Inc (NYSE: NOV) kicked off on Tuesday, up 2.03% from the previous trading day, before settling in for the closing price of $14.29. Over the past 52 weeks, NOV has traded in a range of $13.94-$21.20.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 3.01%. While this was happening, its average annual earnings per share was recorded 17.93%. 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
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of NOV Inc is 0.68%, while institutional ownership is 100.17%. 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
According to the Wall Street analysts, stocks earnings will be around 17.93% per share during the next fiscal year.
NOV Inc (NYSE: NOV) Trading Performance Indicators
Take a look at NOV Inc’s (NOV) current performance indicators. Last quarter, stock had a quick ratio of 1.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64. Likewise, its price to free cash flow for the trailing twelve months is 7.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.70, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.58 in one year’s time.
Technical Analysis of NOV Inc (NOV)
Compared to the last year’s volume of 3.26 million, its volume of 3.57 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 29.39%. Additionally, its Average True Range was 0.45.
During the past 100 days, NOV Inc’s (NOV) raw stochastic average was set at 20.00%, which indicates a significant decrease from 32.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.16% in the past 14 days, which was lower than the 27.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.04, while its 200-day Moving Average is $16.92. Nevertheless, the first resistance level for the watch stands at $14.81 in the near term. At $15.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.47. If the price goes on to break the first support level at $14.15, it is likely to go to the next support level at $13.73. Should the price break the second support level, the third support level stands at $13.49.
NOV Inc (NYSE: NOV) Key Stats
The company with the Market Capitalisation of 5.67 billion has total of 389,084K Shares Outstanding. Its annual sales at the moment are 8,583 M in contrast with the sum of 993,000 K annual income. Company’s last quarter sales were recorded 2,191 M and last quarter income was 130,000 K.
