Newmont Mining Corporation (NEM) retreated with the stock falling -0.78% or $-0.29 to close at $37.09 on light trading volume of 5.61M compared its three months average trading volume of 7.76M. The Greenwood Village Colorado 80111 based company operating under the Gold industry has been trending up for the last 52 weeks, with the shares price now 51.59% up for the period and up by 8.86% so far this year. With price target of $39.88 and a 61.03% rebound from 52-week low, Newmont Mining Corporation has plenty of upside potential, making it a hold with a view buy.
Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold. It also explores for silver and copper properties. The companys operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and Suriname. As of December 31, 2015, it had proven and probable gold reserves of 73.7 million ounces and an aggregate land position of approximately 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.
National Oilwell Varco, Inc. (NOV) gained $1.06 to close the day at a new closing price of $40.66, a 2.68% increase in value from its previous closing price that moved the stock 53.15% above its 52 week low of $26.56. A total of 3.06M shares exchanged hands during the day compared with its three month average trading volume of 3.62M. The stock, which fluctuated between $39.51 and $40.75 during the day, currently situated -6.81% below its 52 week high. The stock is up by 8.72% in the past one month and up by 22.13% over the past three months. With a one year target estimate of $37.62 and RSI of 60.88, the stock still has upside potential, making it a hold for now.
National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide. It operates through four segments: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components. This segment provides substructures, derricks, and masts; cranes; pipe lifting, racking, rotating, and assembly systems; fluid transfer technologies, such as mud pumps; pressure control equipment; power transmission systems; and rig instrumentation and control systems. The Rig Aftermarket segment offers spare parts; and repair and rental services, as well as technical support, field and first well support, field engineering, and customer training services. The Wellbore Technologies segment designs, manufactures, rents, and sells various equipment and technologies. This segment also provides solids control and waste management equipment and services, drilling fluids, power generation equipment, drill and wired pipes, instruments, measuring and monitoring equipment, downhole and fishing tools, hole openers, and drill bits, as well as drilling optimization and automation, tubular inspection, repair and coating, and rope access inspection services. The Completion and Production Solutions segment offers pressure pumping trucks and pumps, blenders, sanders, hydration units, injection units, flowlines, manifolds, and wellheads; well intervention tools; offshore production comprising composite pipes, process equipment, floating production systems, and subsea production technologies; and onshore production, including surface transfer and progressive cavity pumps, reciprocating pumps, pressure vessels, and artificial lift systems. The company was founded in 1862 and is headquartered in Houston, Texas.
ServiceNow, Inc. (NOW) shares were up in last trading by 1.25% to $92.89. It experienced lighter than average volume on day. The stock increased in value by almost 2.46% over the past week and grew 11.21% in the past month. It is currently trading 12.69% above its 50 day moving average and 20.56% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.1% decrease in value from its one year high of $93.3. The RSI indicator value of 71.1, lead us to believe that it may reverse gains in the near term.
ServiceNow, Inc. provides enterprise cloud-based solutions that define, structure, manage, and automate services in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It offers service management solutions, including incident management, problem management, change management, and request management, as well as service catalog and knowledge base; and information technology (IT), HR, customer service, security operations, facilities, and field service management solutions. The company also provides business management solutions, such as financial management solutions; project portfolio suite that provides capabilities to plan, organize, and manage projects; governance, risk, and compliance solution that provides clarity into compliance and audit initiatives; and performance analytics solutions, as well as offers ServiceNow platform that integrates various business applications. In addition, it offers IT operations management solutions that include ServiceWatch Mapping, a service mapping and discovery solution; ServiceWatch Insight that adds event management to the ServiceWatch Mapping bundle, as well as offers insight on the issues affecting service availability and performance; and ServiceWatch Suite that adds orchestration and cloud management to the ServiceNow ITOM products. Further, the company offers professional, education, and customer support services. It serves enterprises in various industries, including financial services, consumer products, IT services, health care, and technology. The company sells products through its direct sales team, as well as indirectly through third-party channels by partnering with systems integrators, managed services providers, and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. ServiceNow, Inc. was founded in 2004 and is headquartered in Santa Clara, California.