NOV Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $21.23 on 01/25/24, while the lowest price for the same duration was marked at $14.98 on 10/24/24.
52-week price history of NOV Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. NOV Inc’s current trading price is -23.50% away from its 52-week high, while its distance from the 52-week low is 8.38%. The stock’s price range during this period has spanned from $14.98 to $21.23. In the Energy sector, the NOV Inc’s shares surpassed a trading volume of approximately 3.04 million for the day, which was noticeably lower compared to the average daily volume of 9.3.64 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
NOV Inc (NOV) has experienced a quarterly decline of -9.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.32B and boasts a workforce of 33676 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.21, with a change in price of -2.34. Similarly, NOV Inc recorded 3,571,463 in trading volume during the last 100 days, posting a change of -12.59%.
Examining NOV’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NOV stands at 0.37. Similarly, the long-term debt-to-equity ratio is also 0.35.
NOV Stock Stochastic Average
Today’s raw stochastic average for NOV Inc over the last 50 days is 58.78%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 66.93%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 77.42% and 77.84%, respectively.
NOV Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -19.92%. However, over the past six months, we’ve seen a stronger performance of -13.85%. The price of NOV fallen by 3.57% over the last 30 days. And in the last five days, it has fallen by -3.28%.
