In terms of market performance, NOV Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $21.23 on 01/25/24, while the lowest value was $14.98 on 10/24/24.
52-week price history of NOV Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. NOV Inc’s current trading price is -24.68% away from its 52-week high, while its distance from the 52-week low is 6.71%. The stock’s price range during this period has fluctuated between $14.98 and $21.23. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 4.32 million for the day, which was evidently higher than the average daily volume of 3.68 million over the last three months.
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Financial Performance and Market Capitalization
NOV Inc (NOV) has experienced a quarterly decline of -8.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.22B and boasts a workforce of 33676 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.09, with a change in price of -3.02. Similarly, NOV Inc recorded 3,587,789 in trading volume during the last 100 days, posting a change of -15.89%.
NOV Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its 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
The raw stochastic average for NOV Inc over the last 50 days is presently at 47.07%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 53.60%. Further, the company’s Stochastic %K and %D values for the last 20 days were 53.42% and 57.45%, respectively.
NOV Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -21.15%.However, over the last six months, we can see a stronger performance of -16.33%. Over the last 30 days, the price of NOV has fallen by 3.29%. And in the last five days, it has fallen by -3.33%.
