NOV (Germany) Today

NO8 Stock  EUR 13.65  0.01  0.07%   

Performance

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Odds Of Distress

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NOV is trading at 13.65 as of the 31st of January 2025. This is a 0.07 percent increase since the beginning of the trading day. The stock's lowest day price was 13.65. NOV has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
National Oilwell Varco, Inc. designs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. The company was founded in 1862 and is based in Houston, Texas. National Oilwell operates under Oil Gas Equipment Services classification in Germany and is traded on Frankfurt Stock Exchange. The company has 392.83 M outstanding shares. More on NOV Inc

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NOV Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NOV's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NOV or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationOil & Gas Equipment & Services, Energy (View all Sectors)
NOV Inc (NO8) is traded on Frankfurt Exchange in Germany and employs 32,307 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NOV's market, we take the total number of its shares issued and multiply it by NOV's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NOV Inc classifies itself under Energy sector and is part of Oil & Gas Equipment & Services industry. The entity has 392.83 M outstanding shares. NOV Inc has accumulated about 1.27 B in cash with (179 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.29.
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Ownership Allocation
NOV Inc maintains a total of 392.83 Million outstanding shares. The majority of NOV outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NOV Inc to benefit from reduced commissions. Accordingly, institutional holders are subject to a different set of regulations than regular investors in NOV Inc. Please pay attention to any change in the institutional holdings of NOV as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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NOV Inc Risk Profiles

Although NOV's alpha and beta are two of the key measurements used to evaluate NOV's performance over the market, the standard measures of volatility play an important role as well.

NOV Stock Against Markets

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Our tools can tell you how much better you can do entering a position in NOV without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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NOV Corporate Management

Elected by the shareholders, the NOV's board of directors comprises two types of representatives: NOV inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NOV. The board's role is to monitor NOV's management team and ensure that shareholders' interests are well served. NOV's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NOV's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Information and Resources on Investing in NOV Stock

When determining whether NOV Inc is a strong investment it is important to analyze NOV's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NOV's future performance. For an informed investment choice regarding NOV Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Please note, there is a significant difference between NOV's value and its price as these two are different measures arrived at by different means. Investors typically determine if NOV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NOV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.