The average analyst recommendation for ServiceNow Inc. (NOW) is 1.90: Is this critical time?

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Let’s start with the current stock price of ServiceNow Inc. (NOW), which is $485.00 to be exact. In the last trading day, after the opening price of the stock was 485.67 US dollars, it rose vividly to 493.31 US dollars, and its lowest price was 481.15 US dollars, and then closed at 487.98 US dollars.

Fisker Inc. recently appointed Bill McDermott to the board of directors in the September 29, 2020 issue of News. Fisker Inc. (hereinafter referred to as “Fisker”), the developer of the world’s most desirable and environmentally friendly electric vehicle, announced today an important new member of its board of directors. Bill McDermott, President and CEO of ServiceNow (NYSE:NOW), a leading digital workflow company, became the seventh member of the board of directors of Fisker Inc., which was established to complete the anticipated merger with Spartan Energy’s acquisition of the company (NYSE: SPAQ) (Hereinafter referred to as “Spartan”) cooperation, this is a special purpose acquisition company sponsored by an affiliate of Apollo Global Management Co., Ltd. (NYSE: APO) (“Apollo”). The board of directors consists of seven members: two executives from Fisker, four outside directors and a Spartan.You can read more details here

In terms of market performance, ServiceNow Inc. performed well. The 1-year highest price of the company’s stock was recorded at 501.82 USD on 20/02/09, and the lowest price in the same time period was 238.93 USD, which was recorded on 03/18/20.

ServiceNow Inc. (NOW) annual performance was 93.90%

The price record (including the low and high price history in 52 weeks) can fully explain the current status and future performance of the stock. Currently, the highest price of ServiceNow Inc.’s stock price in 52 weeks is -3.35%, which is 126.65% higher than the lowest price of the same period. The stock’s price range in 52 weeks managed to maintain its performance at between $213.99 and $501.82.

The company’s stock trading volume in the technology sector reached the highest trading volume of the day, about 1198933, which was significantly lower than the average daily trading volume of stocks.

In terms of year-to-date indicators, ServiceNow Inc. (NOW)’s market performance was 71.79%, and quarterly revenue showed 16.37% compared to the same period last year. At the time of writing, the company’s total market capitalization is set at 89.18B and its total number of employees is 11,901.

The analyst’s judgment on ServiceNow Inc. (NOW)

In the past month, 25 analysts gave ServiceNow Inc. a buy rating. One of the analysts surveyed marked the stock as “overweight”, and six analysts suggested keeping the stock, of which one One of them gave the stock a rating of “owed right”, and one of them gave the stock a rating. The analysts surveyed provided a sell rating.

According to the data provided on Barchart.com, the company’s 100-day moving average is set to 425.25 and the price change is recorded as +107.74. In a similar manner, ServiceNow Inc. has changed +28.56% in the past 100 days, recording 1,698,259 transactions.

The total debt-to-equity ratio (D/E) can also provide valuable insights about the company’s financial status and market conditions. The debt-to-equity ratio can be calculated by dividing the company’s current total liabilities by shareholders’ equity. Therefore, debt-to-equity swaps have become an important indicator of the company’s debt to support assets, and it is related to the value of shareholders’ equity. At the time of writing, NOW’s total debt-to-equity ratio is 0.00. In addition, the long-term debt to equity ratio is set at 0.28.

ServiceNow Inc. (NOW): Technical Analysis

In the last 50 days, ServiceNow Inc.’s original random average was set at 80.72%. The results show that compared to the original random average of the last 20 days, the data has improved to 75.61%. In the past 20 days, the company’s random %K was 76.67%, and its random %D record was 70.56%.

Let’s take a look at the past performance of ServiceNow Inc. and notice multiple trends. Considering the fact that the indicator records 71.79%, the year-to-date price performance of the company’s stock seems pessimistic. In addition, stock trading has increased significantly by 77.61% in the past six months, while it has increased by 93.90% in the past 12 months. On the 7-day chart, the stock is up about 5.33% and 0.62% in the past 30 days. In the last record quarter, common stocks rose by 16.37%.

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