Shares of NOW Inc. (NYSE:DNOW) traded at a new 52-week high today of $11.98. So far today approximately 138,000 shares have been exchanged, as compared to an average 30-day volume of 985,000 shares.
In the past 52 weeks, NOW Inc. share prices are bracketed by a low of $4.03 and a high of $11.98 and is now at $11.38, 182% above that low price.
NOW Incorp is an independent global distributor of oil and gas equipment and services. The company operates through three geographical segments namely the United States, Canada, and International. Geographically, it generates maximum revenue from International market. Global product and service offerings include maintenance, repair and operating supplies, pipes, valves, safety supplies, and other parts to support customers. NOW’s products attract customers from upstream drilling and completion, exploration and production, and midstream infrastructure development to downstream refining.
Potential upside of 3.1% exists for NOW Inc., based on a current level of $11.38 and analysts’ average consensus price target of $11.73.
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