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NOW Inc (NYSE:DNOW) has been downgraded to Neutral in a report by Seaport Global Securities today.

Just yesterday NOW Inc (NYSE:DNOW) traded -3.15% lower at $15.90. DNOW’s 50-day average is $12.55 and its two hundred day average is $15.81. With the last close up -20.19% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Volume of trade was up over the average, with 1,510,392 shares of DNOW changing hands over the typical 1,284,590

Seaport Global Securities has downgraded NOW Inc (NYSE:DNOW) to Neutral in a report released on 6/21/2017.

Previously on 06/06/2017, Stifel Nicolaus released a statement about NOW Inc (NYSE:DNOW) increased the target price from $0.00 to $21.00. At the time, this indicated a possible upside of 0.19%.

Performance Chart

NOW Inc (NYSE:DNOW)

With a total market value of $0, NOW Inc has with a one year low of $11.31 and a one year high of $23.53 .

A total of 8 analysts have released a research note on DNOW. zero analysts rating the company a strong buy, zero analysts rating the company a buy, ten analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $15.50.

About NOW Inc (NYSE:DNOW)

NOW Inc. (NOW) is a global distributor to the oil and gas and industrial markets. The Company operates under the DistributionNOW and Wilson Export brands. Its segments include the United States, Canada and International. As of December 31, 2016, its segments, the United States, Canada and International, had over 200, 55 and 35 locations, respectively. The United States segment comprises United States Energy, United States Supply Chain and United States Process Solutions. NOW's energy product offerings are used in the oil and gas industry, including upstream drilling and completion, exploration and production, midstream infrastructure development and downstream petroleum refining, as well as in other industries, such as chemical processing, power generation and industrial manufacturing operations. It provides supply chain management to drilling contractors, exploration and production (E&P) operators, midstream operators, downstream energy and industrial manufacturing companies.

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