Company Shares of NOW (NYSE:DNOW) Rally 2.96%

NOW (NYSE:DNOW) : Traders are bullish on NOW (NYSE:DNOW) as it has outperformed the S&P 500 by a wide margin of 1.76% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.66%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.96% in the last 1 week, and is up 3.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have dropped -2.64% from its 1 Year high price. On Mar 7, 2016, the shares registered one year high at $20.08 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $18.04 and the 200 Day Moving Average price is recorded at $16.55.

The stock has recorded a 20-day Moving Average of 4.86% and the 50-Day Moving Average is 8.07%.


NOW (NYSE:DNOW): stock turned positive on Friday. Though the stock opened at $18.61, the bulls momentum made the stock top out at $19.245 level for the day. The stock recorded a low of $18.61 and closed the trading day at $19.14, in the green by 3.97%. The total traded volume for the day was 1,082,843. The stock had closed at $18.41 in the previous days trading.

In an insider trading activity, Workman Robert R, CEO of Now Inc., executed a transaction worth $157,080 on November 7, 2014. A total of 5,610 shares were purchased at an average price of $28. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.