Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. NOV Inc’s current trading price is -31.79% away from its 52-week high, while its distance from the 52-week low is 3.85%. The stock’s price range over this period has fluctuated between $13.94 and $21.23. The company, operating within the financial sector, had a trading volume of approximately 1.69 million for the day, which was noticeably lower than the average daily share volume of 4.18 million over the last 3 months.
NOV Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $21.23 on 01/25/24 and the lowest value was $13.94 on 12/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
NOV Inc (NOV) has experienced a quarterly decline of -10.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.71B and boasts a workforce of 33676 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.24, with a change in price of -4.19. Similarly, NOV Inc recorded 3,879,009 in trading volume during the last 100 days, posting a change of -22.42%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Today’s raw stochastic average for NOV Inc over the last 50 days is 19.04%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 21.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 12.48% and 7.07%, respectively.
NOV Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -28.50% this year. Over the last six months, there has been a stronger performance of -23.08%. The price of NOV leaped by -12.70% during the last 30 days period. For the last 5-days stocks have slided -0.41%.
