Hot Stock Overview: National Oilwell Varco, Inc. (NYSE:NOV)

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National Oilwell Varco, Inc. (NYSE:NOV) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Hold” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

National Oilwell Varco, Inc. (NYSE:NOV) gained 4.4 Percent and closed its previous trading session at $35.14. The stock traded with the average Volume of 3.14 Million at the end of last session.

National Oilwell Varco, Inc. (NYSE:NOV) has the Market Capitalization of 13.17 Billion. The Stock has its 52-week High of $41.90 and 52-Week Low of $29.90 and it touched its 52-week high on 03/02/17 and 52-Week Low on 08/18/17.

The company reported its last earnings Actual EPS of $-0.04/share. While, the analyst predicted that the company could provide an EPS of $-0.04/share.

Several analysts are forecasting growth estimate of National Oilwell Varco, Inc. for the current quarter to be 94.1%. Their projections for the Next Quarter growth is 121.4 percent. While for the Next 5 years, the company could expect a growth of 47% per annum, whereas in the past Five years National Oilwell Varco, Inc. (NYSE:NOV) showed a growth of -28.89 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 3 analysts rated National Oilwell Varco, Inc. (NYSE:NOV) as Buy, 0 analysts given Outperform signal, 5 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -3.11% where SMA50 and SMA200 are -1.63% and 3.92% respectively.

The company shows its Return on Assets (ROA) value of -10.8%. The Return on Equity (ROE) value stands at -16.3%. While it’s Return on Investment (ROI) value is -12.8%.

National Oilwell Varco, Inc. (NYSE:NOV) currently has a Weekly Volatility of 4.56% percent while its Monthly Volatility is at 3.75% percent. While talking about Performance of the Stock, National Oilwell Varco, Inc. currently has a Weekly performance of 3.2%, monthly performance percentage is -8.66 percent, Quarterly performance is 6.29 percent, 6 months performance shows a percent value of 15.63% and Yearly Performance is -13.58 percent.

Company Profile:

National Oilwell Varco, Inc. is a leading provider of technology, equipment, and services to the global oil and gas industry that supports customers’ full-field drilling, completion, and production needs.  The Company’s machinery and equipment include drawworks, mud pumps and power swivels, which are the major mechanical components of rigs used to drill oil and gas wells. Many of these components are designed specifically for applications in offshore, extended reach and deep land drilling. National Oilwell Varco, Inc. has pioneered innovations that improve the cost-effectiveness, efficiency, safety, and environmental impact of oil and gas operations. National Oilwell Varco, Inc. powers the industry that powers the world.

 

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