Strong Performance Signals Investor Confidence
In trading on Wednesday, DNOW Inc (Symbol: DNOW) saw its shares rise above the crucial 200-day moving average of $13.28, reaching a peak of $13.48 per share. Currently, DNOW shares are up approximately 10.6% for the day. The chart below illustrates the one-year performance of DNOW shares in relation to their 200-day moving average:
Examining the chart, DNOW’s 52-week low stands at $9.44 per share, while its 52-week high reaches $15.645. The latest trade shows DNOW shares at $13.52.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
