Buy or sell ServiceNow Inc. (now) | Don’t try to be a top shooter


ServiceNow Inc. (NYSE: NOW) Compared with the latest closing price of US$533.37, its latest closing price is down -0.36%. In the past five trading days, the company’s stock price closed -3.55% of the loss. MarketWatch.com reported 8 hours ago that ServiceNow Inc. shares fell on Tuesday, underperforming the market

Get the most popular stocks for trading every day before the market opens 100% free. Click here now.

Is it worth investing in ServiceNow Inc. (NYSE:NOW) now?

ServiceNow Inc.’s (NYSE:NOW) price-to-earnings ratio is higher than its average ratio and is 136.49 times the current price-to-earnings ratio. In addition, the 36-month Beta value of NOW is 1.24. The view on the stock is very interesting. Among the 32 analysts who provided ServiceNow Inc. ratings, 24 analysts declared the stock a “buy”, one of which rated the stock as “overweight” and six The stock is rated as “Hold”, with 0 as “Hold”. Sell. “

The analyst’s average price is $521.21, which is $-11.33 lower than the current price. Now, the current public shareholding is 189.61M, and shorts hold 1.62% of that shareholding. Today, the average trading volume of NOW is 1.46 million shares.

Current market performance

NOW stock fell -3.55% this week, rose 3.22% monthly, quarterly performance was 12.14%, and annual performance rate reached 104.25%. ServiceNow Inc.’s volatility this week was 3.25%, while the volatility of the past 30 days was 2.64%. The simple moving average of the first 20 days of NOW stock is -1.21%. The simple moving average of the last 200 days is 29.34%.

Analyst’s view

On the other hand, UBS (UBS) stated in a research report that they expect NOW will now reach a price target of $600, after previously forecasting a price of $511. According to a report released on October 14, 2020, they provided a “buy” rating for NOW stock.

Jefferies rated it as “Buy” in a report released on June 23 this year, and now sets a target price of $465.

The current trading price is 4.08% higher than the 50-day moving average

After the market is in trouble, NOW has been at a low price for the past 52 weeks, the company was unable to rebound, and now has a loss of -6.29% in a given period.

The volatility has remained at 2.64%, but in the past 30 days, the volatility has increased by 3.25% because the moving average stock price has risen +2.42% in the past 20 days. In the past 50 days, the stock is currently trading at + 12.98%.

In the past five trading days, NOW has fallen by -3.55%, which makes the 200-day moving average a +64.49% change from the 20-day moving average of $506.54. In addition, ServiceNow Inc.’s turnover has increased by 77.04% within one year, and there is a trend of further decrease.

secret deal

According to reports, since October 15th, there have been countless people conducting insider transactions as LUDDY FREDERIC B. He sold 28,600 shares at the price of October 15th for $515.38. After this move, LUDDY FREDERIC B now owns 60,400 shares of ServiceNow Inc., which is valued at $14,739,732 at the latest closing price.

ServiceNow Inc.’s chief product officer Desai Chirantan Jitendra sold 1,563 shares for $513.55 in the October 12 transaction, which means that Desai Chirantan Jitendra held 28,040 shares at the most recent closing price at $802,679.

Current stock basics

The current profitability of the company is:

  • Current operating profit margin +1.22
  • Gross profit rate +72.12

ServiceNow Inc.’s net profit margin is +18.11. The total return on capital is set at 1.67, while the return on investment managed to reach 25.17. Now, the stock yield is 35.10 and the asset return is 12.40.

Get the most popular stocks for trading every day before the market opens 100% free. Click here now.

According to ServiceNow Inc. (NOW), the company’s capital structure generated a total of 53.14 points of debt-to-equity liabilities, while total debt-to-equity liabilities were 34.70. The total assets and liabilities are 18.78, and the long-term debt-to-equity ratio is 50.67. Finally, the long-term debt-to-capital ratio is 33.09.

When we switched to between business and sales, we found that the ratio was 15.93 and the company’s debt to business value was 0.02. The company’s accounts receivable turnover ratio was 4.91, and the total asset turnover ratio was 0.70. The liquidity ratio is also very attractive to investors because it is 0.96.

Silicon Valley visionary: “This will become the number one technology stock in 2020.”

Jeff Brown is a technology investor, known for his amazing success rate. In fact, he has invested in 111 different tech start-ups… and made 95.3% of the money.

Just like Intabio, the company has developed a breakthrough system to test biopharmaceuticals.

As of today, he estimates that his investment has increased by 25,000%. He made 743% on InfoSpace in three days!

Now, he has just released details of the number one technology stock in 2019.

Click here to watch this valuable demo.

#Buy #sell #ServiceNow #Dont #top #shooter

More from Source

Leave a Comment