DNOW - Shares of NOW Inc. (DNOW) Have Risen Above Previous 52-Week High

Shares of NOW Inc. (NYSE:DNOW) traded today at $12.55, eclipsing its 52-week high. So far today approximately 339,000 shares have been exchanged, as compared to an average 30-day volume of 711,000 shares.

NOW Incorp is an independent global distributor of oil and gas equipment and services. The company operates through three geographical segments namely the United States, Canada, and International. Geographically, it generates maximum revenue from International market. Global product and service offerings include maintenance, repair and operating supplies, pipes, valves, safety supplies, and other parts to support customers. NOW's products attract customers from upstream drilling and completion, exploration and production, and midstream infrastructure development to downstream refining.

In the past 52 weeks, shares of NOW Inc. have traded between a low of $6.83 and a high of $12.55 and is now at $11.62, which is 70% above that low price.

Potential upside of 0.7% exists for NOW Inc., based on a current level of $11.62 and analysts' average consensus price target of $11.70.

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