ServiceNow Inc. (NYSE: NOW) saw a 3.18% increase to $ 482.35 after adding $ 14.88 on Wednesday. The 5-day average trading volume was 1,973,605 shares of the company’s common stock. It gained $ 496.98 in the past week and hit a new high 4 times in the past 5 days. An average of 2,003,426 shares of the company have been traded over the past 20 days, and the 50-day average volume is at 1,738,973.
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NOW’s 1 month performance was -2.22% or $ 1.40 at its low of $ 406.47 reached on 05/12/22. The company’s shares hit a 52-week low of $ 406.47 and a high of $ 707.60, with the stock rallying to the 52-week high occurring on 01/03/22. YTD, NOW lost -27.98% or -$ 169.61 and reached a new high 1 times. However, the current price is down -31.83% from the 52 -week high price.
Insider Transactions
On May 18, 14 days have passed since the last insider trading activity for ServiceNow Inc. (NOW). Smith Paul John (Chief Commercial Officer) most recently sold 412 shares at $ 427.17 per share on May 18. This transaction cost the insider $ 175,996. Chief Commercial Officer, Smith Paul John, sold 125 shares at a price of $ 446.04 on May 13. Then, on May 09, Chief People Officer Canney Jacqueline P sold 580 shares at a price of $ 431.51 per share. This transaction amounted to $ 250,276.
Metrics of Appreciation
NOW the stock has a beta of 1.10. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio was 14.30 while the price-to-book (PB) in the most recent quarter was 23.40, with the price to cash flow ratio at 45.92. .
The fast ratio of ServiceNow Inc. for the period ended March 30 was 1.10, with the current ratio for the same period being 1.10. Also, the company’s long -term debt to equity for the quarter ending March 30 is 0.37, while its total debt to equity is 0.39. In terms of profitability, the gross margin following 12 months is 77.30%. The company’s total profit as reported reached $ 4.54 billion against revenue of $ 5.9 billion.
Earnings Surprises
For the quarterly period ending March 30 this year, ServiceNow Inc.’s cash and short -term investments. reached $ 1.76 billion against total debt of $ 2.21 billion. Net revenue and sales rose compared to numbers reported in the previous quarter. Net income decreased -9.33% to $ 75.0 million, while revenue of $ 26.0 million was 65.33% from the previous quarter. Analysts expected NOW to announce $ 1.7 per share in earnings in its most recent quarter, but it posted $ 1.73, representing a 1.80% surprise. EBITDA for the quarter reached more than $ 271.0 million. NOW the stock balance sheet for the quarter ending March 30 shows that total liabilities reached 7.0 billion, with total debt at $ 2.21 billion. The shareholders hold equity totaling $ 20.0 million.
Let’s take a look at the price momentum of ServiceNow Inc. (NOW) from the perspective of technical analysis. The 9 -day relative strength index at the close on 31 May was 61.68% to suggest that the stock is trending Neutral, with historical volatility during this period at 46.15%.
The 5-day moving average of the stock is $ 466.08, showing +14.26% or $ 59.85 change from its current price. NOW is currently trading -0.49% above its 20 -day SMA, -16.47% above its 100 -day SMA. However, the current stock price level is far from the SMA50 of -15.85% and SMA200 of -17.36%.
Stochastic % K and % D are 86.22 % and 90.09 % and the average true range (ATR) is directed at 25.08. The RSI (14) points to 54.96%, while the 14-day stochastic is at 80.69% with the season’s ATR at 25.63. The stock’s 9-day MACD Oscillator points to 25.53 and 31.31 on the 14-day charts.
Analyst Ratings
In the latest analyst report for ServiceNow Inc. (NYSE: NOW), Wells Fargo launched coverage with an Overweight rating.