NOW (DNOW) : During the past 4 weeks, traders have been relatively bearish on NOW (DNOW), hence the stock is down -8% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.04% relative to the S&P 500. The 4-week change in the price of the stock is -9.86% and the stock has fallen -5.54% in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.08% and the 50-Day Moving Average is 5.19%.The 200 Day SMA reached 9.42% NOW Inc. is up 3.3% in the last 3-month period. Year-to-Date the stock performance stands at 20.73%.
NOW (DNOW) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $21 and the lowest price target forecast is $19. The average forecast of all the analysts is $20.33 and the expected standard deviation is $1.15.
Company shares have received an average consensus rating of Hold for the current week NOW (NYSE:DNOW): stock was range-bound between the intraday low of $19.03 and the intraday high of $19.47 after having opened at $19.12 on Fridays session. The stock finally closed in the red at $19.12, a loss of -1.90%. The stock remained in the red for the whole trading day. The total traded volume was 991,716 shares. The stock failed to cross $19.47 in Fridays trading. The stocks closing price on Thursday was $19.1.
NOW Inc. (NOW) is a global distributor to energy and industrial markets. The Company operates through three segments: United States (U.S.), Canada and International. The Company operates primarily under the DistributionNOW and Wilson Export brands. Its energy product offering is needed throughout all sectors of the oil and gas industry, from upstream drilling and completion, exploration and production (E&P), midstream infrastructure development to downstream petroleum refining, as well as in other industries. It also provides supply chain management to drilling contractors, E&P operators, midstream operators, downstream energy and industrial manufacturing companies around the world. The Companys global product offering includes consumable maintenance, repair and operating (MRO) supplies, pipe, valves, fittings, flanges, electrical, artificial lift solutions, mill tools, safety supplies and spare parts to support customers operations.