Global Alpha Capital Management Ltd. Raises Stake in DNOW Inc.
DNOW Stock | USD 12.95 0.06 0.46% |
Slightly above 54% of Now's investor base is interested to short. The analysis of overall sentiment of trading Now Inc stock suggests that many investors are impartial at this time. Now's investing sentiment can be driven by a variety of factors including economic data, Now's earnings reports, geopolitical events, and overall market trends.
Now |
Global Alpha Capital Management Ltd. increased its holdings in DNOW Inc. by 1.9 percent during the 3rd quarter, according to its most recent 13F filing with the Securities Exchange Commission. The institutional investor owned 2,622,426 shares of the oil and gas companys stock after buying an additional 48,900 shares during the
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Now Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Now can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Now Fundamental Analysis
We analyze Now's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Now using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Now based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Now is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Now Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Now stock to make a market-neutral strategy. Peer analysis of Now could also be used in its relative valuation, which is a method of valuing Now by comparing valuation metrics with similar companies.
Peers
Now Related Equities
FTI | TechnipFMC PLC | 6.02 | ||||
PUMP | ProPetro Holding | 5.79 | ||||
AROC | Archrock | 2.73 | ||||
FET | Forum Energy | 2.29 | ||||
OIS | Oil States | 1.91 | ||||
VTOL | Bristow | 1.73 | ||||
BKR | Baker Hughes | 1.32 | ||||
OII | Oceaneering International | 0.99 | ||||
EFXT | Enerflex | 0.98 | ||||
RNGR | Ranger Energy | 0.67 | ||||
RES | RPC | 0.65 | ||||
GEOS | Geospace Technologies | 0.50 | ||||
CHX | ChampionX | 0.18 |
Additional Tools for Now Stock Analysis
When running Now's price analysis, check to measure Now's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Now is operating at the current time. Most of Now's value examination focuses on studying past and present price action to predict the probability of Now's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Now's price. Additionally, you may evaluate how the addition of Now to your portfolios can decrease your overall portfolio volatility.