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Actionable news in NBR: NABORS INDUSTRIES Ltd.,

Nabors Industries (NBR) Is Today's Perilous Reversal Stock

Trade-Ideas LLC identified Nabors Industries ( NBR) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Nabors Industries as such a stock due to the following factors:

  • NBR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $79.1 million.
  • NBR has traded 3.5 million shares today.
  • NBR is down 3% today.
  • NBR was up 5.2% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in NBR with the Ticky from Trade-Ideas. See the FREE profile for NBR NOW at Trade-Ideas More details on NBR: Nabors Industries Ltd., together with its subsidiaries, provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services. It also provides completion, life-of-well maintenance, and plugging and abandonment of a well. The stock currently has a dividend yield of 2.4%. Currently there are 10 analysts that rate Nabors Industries a buy, 2 analysts rate it a sell, and 5 rate it a hold. The average volume for Nabors Industries has been 9.2 million shares per day over the past 30 days. Nabors has a market cap of $3.3 billion and is part of the basic materials sector and energy industry. The stock has a...