Now Inc Stock Price on May 20, 2024

DNOW Stock  USD 13.50  0.26  1.89%   
Below is the normalized historical share price chart for Now Inc extending back to May 20, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Now stands at 13.50, as last reported on the 14th of June 2024, with the highest price reaching 13.76 and the lowest price hitting 13.41 during the day.
IPO Date
20th of May 2014
200 Day MA
12.2596
50 Day MA
14.3682
Beta
1.475
 
Yuan Drop
 
Covid
If you're considering investing in Now Stock, it is important to understand the factors that can impact its price. Now Inc has Sharpe Ratio of -0.0193, which conveys that the firm had a -0.0193% return per unit of risk over the last 3 months. Now exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Now's Standard Deviation of 2.22, risk adjusted performance of (0.02), and Mean Deviation of 1.56 to check out the risk estimate we provide.
  
At this time, Now's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 2.2 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1 B in 2024. . At this time, Now's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 1.46 in 2024, whereas Price Earnings Ratio is likely to drop 4.68 in 2024. Now Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0193

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Negative ReturnsDNOW

Estimated Market Risk

 2.25
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Now is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Now by adding Now to a well-diversified portfolio.
Price Book
1.504
Enterprise Value Ebitda
8.0495
Price Sales
0.6869
Shares Float
104.6 M
Wall Street Target Price
15.67

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Now Valuation on May 20, 2024

It is possible to determine the worth of Now on a given historical date. On May 20, 2024 Now was worth 13.68 at the beginning of the trading date compared to the closed value of 13.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Now stock. Still, in general, we apply an absolute valuation method to find Now's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Now where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Now's related companies.
 Open High Low Close Volume
  14.02    14.08    13.56    13.62    736,746  
05/20/2024
  13.68    14.07    13.63    13.96    608,358  
  13.91    14.35    13.88    14.33    529,938  
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Open Value
13.68
13.96
Closing Value
20.43
Upside

Now Trading Date Momentum on May 20, 2024

On May 21 2024 Now Inc was traded for  14.33  at the closing time. The top price for the day was 14.35  and the lowest listed price was  13.88 . The trading volume for the day was 529.9 K. The trading history from May 21, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 2.65% . The trading delta at closing time against the current closing price is 1.93% .

Now Inc Fundamentals Correlations and Trends

By evaluating Now's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Now's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Now financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Now Stock history

Now investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Now is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Now Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Now stock prices may prove useful in developing a viable investing in Now
Last ReportedProjected for Next Year
Common Stock Shares Outstanding108.4 M119.2 M
Net Income Applicable To Common Shares115.2 M121 M

Now Quarterly Net Working Capital

583 Million

Now Stock Technical Analysis

Now technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Now technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Now trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Now Period Price Range

Low
May 20, 2024
0.28  2.05%
High

 13.68 

     

 13.96 

Now June 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Now stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Now shares will generate the highest return on investment. By undertsting and applying Now stock market strength indicators, traders can identify Now Inc entry and exit signals to maximize returns

Now Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Now's price direction in advance. Along with the technical and fundamental analysis of Now Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Now to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.