How to buy Nov (NOV) shares in Australia
Learn how to easily invest in Nov shares.
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Nov Inc (NOV) is a leading oil & gas equipment & services business with stocks listed in the US. It opened the day at US$15.58 after a previous close of US$15.66. During the day the price has varied from a low of USD14.635 to a high of USD15.67. The latest price was USD14.72 (25 minute delay). Nov is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Nov
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Nov. Find the share by name or ticker symbol: NOV. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nov reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$15.66, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Nov, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Nov. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
Nov stock price (NYSE:NOV)Use our graph to track the performance of NOV stocks over time.
Nov shares at a glance
|52-week range||US$11.406 - US$23.9466|
|50-day moving average||US$18.8238|
|200-day moving average||US$16.3643|
|Dividend yield||US$0.1 (1.22%)|
|Earnings per share (TTM)||US$-0.48|
Compare trading apps to buy Nov shares
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Is it a good time to buy Nov stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Nov price performance over time
|1 week (2022-06-24)||-9.30%|
|3 months (2022-04-01)||-27.20%|
|6 months (2021-12-30)||8.96%|
|1 year (2021-07-02)||-5.15%|
|2 years (2020-07-02)||21.65%|
|3 years (2019-07-02)||-32.38%|
|5 years (2017-06-30)||-55.31%|
Stocks similar to Nov
Is Nov under- or over-valued?
Valuing Nov stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nov's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Nov's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$301 million (£0.0 million).
The EBITDA is a measure of a Nov's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||US$5.8 billion|
|Gross profit TTM||US$774 million|
|Return on assets TTM||-0.17%|
|Return on equity TTM||-3.54%|
|Market capitalisation||US$6.4 billion|
TTM: trailing 12 months
Nov's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Nov.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Nov's total ESG risk score
Total ESG risk: 38.8
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Nov's overall score of 38.8 (as at 01/01/2019) is pretty weak – landing it in it in the 80th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Nov is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Nov's environmental score
Environmental score: 20.61/100
Nov's environmental score of 20.61 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Nov is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Nov's social score
Social score: 19.23/100
Nov's social score of 19.23 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Nov is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Nov's governance score
Governance score: 13.96/100
Nov's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Nov is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Nov's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Nov scored a 1 out of 5 for controversy – the highest score possible, reflecting that Nov has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||38.8|
|Total ESG percentile||79.7|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||1|
Nov share dividends
We're not expecting Nov to pay a dividend over the next 12 months.
Have Nov's shares ever split?
Nov's shares were split on a 1109:1000 basis on 2 June 2014. So if you had owned 1000 shares the day before the split, the next day you would own 1109 shares. This wouldn't directly have changed the overall worth of your Nov shares – just the quantity. However, indirectly, the new 9.8% lower share price could have impacted the market appetite for Nov shares which in turn could have impacted Nov's share price.
Nov share price volatility
Over the last 12 months, Nov's shares have ranged in value from as little as US$11.406 up to US$23.9466. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nov's is 1.9006. This would suggest that Nov's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It also provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. NOV Inc. offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.
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