NOV Inc (NYSE: NOV) suffers from meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent notable negative changes in investment behavior have affected NOV Inc (NYSE: NOV): its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
NOV has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. NOV has a good Appreciation Score of 75 but a poor Power Rating of 29, and the Neutral Value Trend Rating results.
Recent Price Action
NOV Inc (NYSE: NOV) stock rose slightly by 0.2% on 11/29/24. The stock closed at $16.02. However, exceptionally low trading volume at 37% of normal accompanied the advance. The stock has declined -1.5% during the last week and has been weak relative to the market over the last nine months.
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