An Inside Look at Trading Hot Stocks: National Oilwell Varco, Inc. (NOV), American Express Company (AXP)

National Oilwell Varco, Inc. (NYSE:NOV) trading capacity remained 4.05 million shares during the last session. However, the volume average of the last three months is 3.1 million shares. The stock opened the day at $35, and settled at $35.02 by the end to experience a -0.23% change.

National Oilwell Varco, Inc. (NOV) Analyst Opinion

National Oilwell Varco, Inc. has a consensus hold rating from 34 Wall Street analysts, and the number of shares currently sold short amount to at least 8.18% of shares outstanding. The stock spiked 0.26% last month and is down -6.46 this year. Wall Street is only getting more bullish on the stock, with 8 of analysts who cover NOV having a buy-equivalent rating. Analysts have placed a $34.34 price target on National Oilwell Varco, Inc., suggesting a -1.94% decline from recent close. It’s currently trading about -19.73% below its 52-week high.

National Oilwell Varco, Inc. Earnings Surprise

National Oilwell Varco, Inc. (NOV) surprised the stock market in its last reported earnings when it earned -$0.07 a piece versus the consensus-estimated -$0.08. Its revenue totaled $1.86 billion up 5.82% from the previous quarter.

National Oilwell Varco, Inc. (NYSE:NOV) Intraday View

This stock (NOV) is ahead of its 52-week low with 17.12%. Its last month’s stock price volatility remained 2.99% which for the week stands at 2.37%. The share price has moved forward from its 20 days moving average, trading at a distance of 2.27% and stays 2.74% away from its 50 days moving average. Over the last five days, shares have managed 2.82% gains and now is down -0.03% since hitting its 200-day moving average of $33.25. National Oilwell Varco, Inc. (NOV) has made its way to a 12-month gain of 9.75%.

Turning to American Express Company (NYSE:AXP), its shares were trading at $95.13 a retreat of $-0.24, on the trading floor. The stock, after opening at $95.1, touched a high of $95.28 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. American Express Company has 7 buy ratings, 16 holds and 0 sells even after the stock tumbled -1.83% from its high of $96.90 to a $83.52 billion market value through last close.

American Express Company (AXP) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.52 to 2.45 during a month. Analysts set a 12-month price target of $95.29 a share. The target implies a 0.17% spike from where the shares are currently trading. Also, the current price highlights a discount of 12.48% to analysts’ high consensus price target.

American Express Company (NYSE:AXP) Intraday Trading

The counter witnessed a trading volume of 2.16 million shares versus an average volume of 3.19 million shares during last trading session. Its last month’s stock price volatility remained 1.02% which for the week approaches 1.32%. The lowest price the stock reached in the last trading day was $94.45 and compares with the $66.31 52-week low. The stock recovered 43.46% since its low point and has performed 28.42% year-to-date.

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