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NOW Inc. (DNOW) in Focus: Stock Moves 13.4% Higher
NOW Inc. (DNOW - Free Report) was a big mover last session, as the company saw its shares rise more than 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 29.4% in the past one-month time frame.
The move came after the company reported solid first-quarter 2018 results.
The company has seen a flat track record when it comes to estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
NOW Inc. Price
NOW Inc. Price | NOW Inc. Quote
NOW Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better-ranked stock in the Oils-Energy sector is McDermott International, Inc. , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is DNOW going up? Or down? Predict to see what others think: Up or Down
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>