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.
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