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The Attractiveness of Investing In Dnow Inc (DNOW) is Growing

In a filing, Dnow Inc revealed its insider Munson Kelly T. unloaded Company’s shares for reported $0.17 million on Feb 19 ’25. In the deal valued at $17.47 per share,10,000 shares were sold. As a result of this transaction, Munson Kelly T. now holds 114,975 shares worth roughly $1.71 million.

Then, Munson Kelly T. bought 10,000 shares, generating $171,800 in total proceeds.

Before that, Paul & Belinda Coppinger Trust bought 26,186 shares. Dnow Inc shares valued at $396,717 were divested by the Director at a price of $15.15 per share.

The Benchmark Company initiated its Dnow Inc [DNOW] rating to a Buy in a research note published on July 08, 2022; the price target was $13. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early November from “an Equal-weight” to “an Overweight”. Stifel also remained covering DNOW and has increased its forecast on July 16, 2021 with a “Buy” recommendation from previously “Hold” rating. JP Morgan revised its rating on February 19, 2021. It rated DNOW as “an Underweight” which previously was an “a Neutral”.

Price Performance Review of DNOW

On Monday, Dnow Inc [NYSE:DNOW] saw its stock fall -3.00% to $14.85. Over the last five days, the stock has lost -1.72%. Dnow Inc shares have risen nearly 14.14% since the year began. Nevertheless, the stocks have risen 1.85% over the past one year. While a 52-week high of $18.45 was reached on 02/13/25, a 52-week low of $11.42 was recorded on 01/10/25. SMA at 50 days reached $14.66, while 200 days put it at $13.74.

Levels Of Support And Resistance For DNOW Stock

The 24-hour chart illustrates a support level at 14.62, which if violated will result in even more drops to 14.38. On the upside, there is a resistance level at 15.19. A further resistance level may holdings at 15.52. The Relative Strength Index (RSI) on the 14-day chart is 43.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.71%. Stochastics %K at 13.31% indicates the stock is a buying.

The most recent change occurred on February 18, 2021 when Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $13.

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