National Oilwell Varco, Inc.s in-depth stock price analysis indicates that the stock price has rallied 11.96% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 14.13% . Looking at the past 52 week period, the stock price is up at 43.09% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of National Oilwell Varco, Inc. has a positive value of 20.39 compared to overall market. National Oilwell Varco, Inc. (NYSE:NOV) has climbed 2.2% in the past week and advanced 5.4% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.38% and the outperformance has advanced to 3.51% for the last 4 weeks period.
National Oilwell Varco, Inc. (NYSE:NOV) : On Friday heightened volatility was witnessed in National Oilwell Varco, Inc. (NYSE:NOV) which led to swings in the share price. The stock opened for trading at $39.49 and hit $39.9516 on the upside , eventually ending the session at $39.42, with a gain of 1.1% or 0.43 points. The heightened volatility saw the trading volume jump to 3,120,540 shares. The 52-week high of the share price is $43.63 and the company has a market cap of $14,888 million. The 52-week low of the share price is at $25.74 .
National-Oilwell Varco Last issued its quarterly earnings results on Feb 6, 2017. The company reported $-0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $-0.28. The company had revenue of $1692.00 million for the quarter, compared to analysts expectations of $1625.57 million. The companys revenue was down -37.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.National-Oilwell Varco was Upgraded by Credit Suisse to Neutral on Feb 8, 2017. National-Oilwell Varco was Initiated by SunTrust to Hold on Jan 18, 2017. National-Oilwell Varco was Downgraded by Johnson Rice to Hold on Dec 9, 2016. National-Oilwell Varco was Downgraded by Seaport Global Securities on Dec 1, 2016 to Sell, Price Target of the shares are set at $34.
Company has reported several Insider transactions to the SEC, on Aug 8, 2016, Scott K. Duff (VP Cntrlr Chf Acctg Offcr) sold 3,181 shares at 33.40 per share price.On Nov 10, 2015, David D Harrison (director) sold 16,352 shares at 38.79 per share price.On Apr 30, 2015, Greg L Armstrong (director) sold 5,736 shares at 54.49 per share price.