On Tuesday, Nabors Industries Ltd (NYSE: NBR) opened higher 6.58% from the last session, before settling in for the closing price of $31.9. Price fluctuations for NBR have ranged from $23.27 to $87.46 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 26.66% over the last five years. Company’s average yearly earnings per share was noted 94.85% at the time writing. With a float of $8.88 million, this company’s outstanding shares have now reached $14.57 million.
The firm has a total of 12400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 19.19%, operating margin of 8.27%, and the pretax margin is 1.72%.
Nabors Industries Ltd (NBR) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas Drilling industry is another important factor to consider. The insider ownership of Nabors Industries Ltd is 6.91%, while institutional ownership is 122.45%.
Nabors Industries Ltd (NBR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 94.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 73.68% during the next five years compared to 26.66% growth over the previous five years of trading.
Nabors Industries Ltd (NYSE: NBR) Trading Performance Indicators
Check out the current performance indicators for Nabors Industries Ltd (NBR). In the past quarter, the stock posted a quick ratio of 1.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -14.06, a number that is poised to hit -1.21 in the next quarter and is forecasted to reach -4.48 in one year’s time.
Technical Analysis of Nabors Industries Ltd (NBR)
Analysing the last 5-days average volume posted by the [Nabors Industries Ltd, NBR], we can find that recorded value of 0.57 million was better than the volume posted last year of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 38.71%.
During the past 100 days, Nabors Industries Ltd’s (NBR) raw stochastic average was set at 47.87%, which indicates a significant decrease from 74.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.27 in the past 14 days, which was lower than the 2.31 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.34, while its 200-day Moving Average is $47.10.
