techkenyot.com
techkenyot.com February 20, 2018


Featured Stock: Nabors Industries Ltd. (NBR)

13 October 2017, 12:57 | Casey Mitchell

The company has market cap of $113.91 million. Geode Cap Management reported 0.01% of its portfolio in Nabors Industries Ltd. (NYSE:NBR).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Discovery Capital Management LLC CT purchased a new stake in Nabors Industries during the fourth quarter worth approximately $124,125,000. BlackRock Inc. now owns 24,813,903 shares of the oil and gas company's stock worth $324,317,000 after acquiring an additional 24,486,309 shares during the last quarter. It's now trading about -24.43% below its 52-week high.

ATR value of the company was 0.32 and Relative Strength Index (RSI) was 46.43. The company has its outstanding shares of 279.37M. Bank of New York Mellon Corp grew its holdings in shares of Nabors Industries by 16.4% in the 2nd quarter. After a recent check, it is observed that the insiders for the firm now own 1.70% shares.

Institutions own - of Host Hotels & Resorts, Inc.

Employees injured, schools on lockdown after attempted NC prison escape
Deputies in Pasquotank County are responding to an incident at the Pasquotank Correctional Institution. The Elizabeth City- Pasquotank Public Schools said several schools had been placed on lockdown.

Nabors Industries Ltd. has a 52 week low of $6.18 and a 52 week high of $18.40. Lsv Asset Mngmt reported 0% of its portfolio in Nabors Industries Ltd. (NYSE:NBR). Moreover, Rbf Capital Limited Liability Corporation has 0.14% invested in Nabors Industries Ltd. (NYSE:NBR). In looking the SMA 50 we see that the stock has seen a 2.60% while it has a distance of -32.11% from the 200 days simple moving average.

26 analysts on average are expecting Nabors Industries Ltd.to report earnings of $-0.28 per share for the current quarter. The firm had revenue of $630.50 million for the quarter, compared to the consensus estimate of $589.79 million. Nabors Industries had a negative return on equity of 8.04% and a negative net margin of 36.84%. The firm has "Hold" rating given on Wednesday, June 21 by BMO Capital Markets. While in the same Quarter Previous year, the Actual EPS was $-0.35.

The company's quick ratio for most recent quarter is 1.20. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.06 per share. In general, and ADX value from 0-25 would represent an absent or weak trend. The ex-dividend date of this dividend was Monday, September 11th.

Tracking other technical indicators, the 14-day RSI is presently standing at 42.89, the 7-day sits at 30.49, and the 3-day is resting at 14.55 for Nabors Industries (NBR). If you are viewing this article on another website, it was stolen and republished in violation of USA & worldwide copyright & trademark legislation. The legal version of this news story can be read at https://weekherald.com/2017/10/11/wells-fargo-company-mn-sells-41504-shares-of-nabors-industries-ltd-nbr.html.

CDPO made sacrificial lamb in Asiya Andrabi projection case: Harsh
Thus the photo of the separatist leader has become a source of great embarrassment for the PDP-BJP alliance in the state. India Today , on the other hand, reports that Shameema Akhter has been suspended with immediate effect in the matter.

A number of equities research analysts recently commented on the stock.

5 year sales growth rate is an important factor for valuation analysis, the industry's and the sector's growth for next 5 years ticked at -2.36 and -8.01 respectively.

Nabors Industries (NYSE:NBR) had its target price raised to $9.00 by Deutsche Bank in a report released 10/10/2017. Morgan Stanley downgraded Nabors Industries from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $19.00 to $10.00 in a report on Wednesday, June 21st. Instinet raised shares of Nabors Industries from a "neutral" rating to a "buy" rating and increased their target price for the company from $15.00 to $17.00 in a research report on Wednesday, April 5th. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover QCOM having a buy-equivalent rating.

Analysts have given a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). $11.04's average target is 49.39% above currents $7.39 stock price.

Palace hands off on Bautista impeachment
Hours before the House voted to proceed with his impeachment, Bautista announced his resignation effective December 31, 2017. On why his resignation was not irrevocable, he said, "Out of respect to the appointing authority, I didn't use that word".

Nabors Industries Ltd. owns and operates a land-based drilling rig fleet. The Company is a provider of directional drilling and measurement while drilling (MWD) systems and services. The Company is a provider of offshore platform drilling rigs in the United States and multiple worldwide markets. It dived, as 50 investors sold NBR shares while 92 reduced holdings.



Other News

Trending Now

Long Lartin prison: 'disturbance' breaks out at high-security jail
Specially trained officers, called tornado squads, have been dispatched to the prison in attempt to secure the area. A source said staff at HMP Long Lartin in Worcestershire had retreated from E wing after inmates became violent.

FTII students to boycott academic exercise over new shoot
Jay said, "The question is how can a person, who heads a private enterprise, can be asked to head a government institute". The student body has urged Kher, who will now be heading the institute, to resolve these longstanding issues.

Davido reacts, after autopsy report reveals Tagbo died of suffocation
Their bodies were discovered on October 7 in a BMW parked in a private residence in the ultra-chic Lagos area Banana Island. Caroline Danjuma, who was in a relationship with the deceased, categorically stated that he was not an alcoholic .

Stand-Off At West Melbourne Home After Teen Fires At Police
Police ask that if you have not evacuated and live on that street, please stay inside your home. Officers arrived and entered the home where they began interviewing family members.

Dun-Laoghaire - Rathdown has lowest percentage of Catholics, Offaly the highest
Their average age was 37.9 years, making the nearly two years younger on average than the county's population overall. The average overall age of members was 40.3 years, almost three years above the average for the general population.

Florida citrus negatively affected by Irma
Shannon Shepp, executive director of the Florida Department of Citrus, said that the Florida Citrus industry as a whole has taken a "heavy hit" this hurricane season.

Trading Watch on Shares of Time Warner Inc (TWX)
Matthew Mark increased its stake in Time Warner Inc ( TWX ) by 65.75% based on its latest 2017Q2 regulatory filing with the SEC. The (Simple Month Average) SMA20 is at 0.69 percent, its SMA50 Value is 1.31% and SMA200 value is reported as 4.24 Percent.

Lakshmi's NTR will begin in Feb: RGV
The film is speculated to being directed by Teja but no details pertaining to the actors and actresses have been revealed yet. As speculations are that the movie will get released in October just before the elections, however, the actor refused.

Canada home prices see biggest decline in seven years as Toronto falls
The report says nationally, the median price of a condo increased 15 per cent in one year, to about $414,000. According to Soper, Montreal is a market to watch out for as it's the most affordable world-class city.

Dias: GM's plans to produce Equinox in Mexico 'war on Canada'
September 17 with the goal of having GM make their plant the main producer of the Chevrolet Equinox and job security. Unifor Local 88 at CAMI Automotive in Ingersoll, Ontario and some 2,500 employees went on strike at 10:59 p.m.