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Nabors Industries Ltd. (NBR) Pops 3.3% for November 21

Equities Staff |

One of the S&P 500’s big winners for Friday November 21 was Nabors Industries Ltd. (NBR) as the company’s stock climbed 3.3% to $16.91 on volume of 7.38 million shares.

The stock opened at $16.81 and saw an intraday low of $16.65 and an intraday high of $17.33. All told, the day saw a per-share gain of $0.54. The stock’s average daily volume of 6.19 million and 289.44 million shares outstanding. Nabors Industries Ltd. now has a 50-day SMA is $19.36 and 200-day SMA is $23.90, and it has a 52-week high of $30.24 and a 52-week low of $15.32.

Nabors Industries Ltd is a Land drilling contracting company. Its business is conducted through two business lines: Drilling & Rig Services and Completion & Production Services.

Based out of Hamilton, , Nabors Industries Ltd. has 29000 employees and, after today’s trading, reached a market cap of $4.89 billion. The stock’s P/E Ratio is 13.1. Its P/S ratio is 0.71, P/B ratio is 0.84, and P/FCF ratio is -24.9.

For a full analysis of Nabors Industries Ltd., check out Equities.com’s E.V.A. report for Nabors Industries Ltd..

The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.

While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.

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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
NBR Nabors Industries Ltd. 10.34 -0.21 -1.99 6,830,385 Trade

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