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The price of NOV Inc (NYSE: NOV) closed at $11.97 in the last session, down -10.47% from day before closing price of $13.37. In other words, the price has decreased by -$10.47 from its previous closing price. On the day, 7.55 million shares were traded. NOV stock price reached its highest trading level at $12.75 during the session, while it also had its lowest trading level at $11.655.
Ratios:
We take a closer look at NOV’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.35.
On January 15, 2025, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $25 to $18.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 20 ’24 when HARRISON DAVID D sold 1,784 shares for $16.10 per share. The transaction valued at 28,722 led to the insider holds 110,951 shares of the business.
Livingston Scott B. sold 29,410 shares of NOV for $485,085 on Nov 07 ’24. The insider now owns 61,752 shares after completing the transaction at $16.49 per share. On Nov 07 ’24, another insider, Rovig Joseph W, who serves as the President – Energy Equipment of the company, sold 73,256 shares for $16.40 each. As a result, the insider received 1,201,076 and left with 191,567 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOV now has a Market Capitalization of 4558415360 and an Enterprise Value of 5766413312. As of this moment, NOV’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.44, and their Forward P/E ratio for the next fiscal year is 7.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.65 whereas that against EBITDA is 4.336.
Stock Price History:
The Beta on a monthly basis for NOV is 1.28, which has changed by -0.41265947 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, NOV has reached a high of $21.20, while it has fallen to a 52-week low of $13.35. The 50-Day Moving Average of the stock is -19.62%, while the 200-Day Moving Average is calculated to be -26.07%.
Shares Statistics:
According to the various share statistics, NOV traded on average about 4.57M shares per day over the past 3-months and 3879820 shares per day over the past 10 days. A total of 381.55M shares are outstanding, with a floating share count of 377.04M. Insiders hold about 0.99% of the company’s shares, while institutions hold 102.21% stake in the company. Shares short for NOV as of 1741910400 were 24799926 with a Short Ratio of 5.42, compared to 1739491200 on 19977078. Therefore, it implies a Short% of Shares Outstanding of 24799926 and a Short% of Float of 6.5600000000000005.
Dividends & Splits
The forward annual dividend rate for NOV is 0.30, which was 0.275 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.020568438The stock’s 5-year Average Dividend Yield is 1.25. The current Payout Ratio is 17.15% for NOV, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2014-06-02 when the company split stock in a 1109:1000 ratio.
