Why NOV's Stock is Trading Higher Today

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The Price And Volume Action In NOV's Stock Today

NOV NOV is currently up 3.74% to a price of $15.61. The stock's current volume for the day is 341.67 thousand, which is approximately 6.5% of its previous 30-day average volume of 5.25 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: NOV shares are trading higher after Citigroup upgraded the stock from Neutral to Buy and raised its price target from $15 to $18 per share.

Perspective On Recent Price Action

The stock's 50-day moving average was $12.72 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $24.75 and fallen to a low of $7.7.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

Posted In: MoversTrading IdeasBZI-WIIM
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