Stock Rating Upgrade
The Value Trend Rating for NOW Inc (NYSE: DNOW) improved of late from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
NOW Inc (NYSE: DNOW) stock closed at $14.07 on 2/7/25 after a modest decline of -1.6%. However, trading volume in this decline was below average at 81% of normal. The stock has declined -8.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
NOW has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. NOW has a neutral Appreciation Score of 55 and a neutral Power Rating of 42, leading to the Low Neutral Value Trend Rating.
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