Following are (1) percentage gains since the Jan 1 opening price, (2) percentage gain since the low in Nov or Dec of last year, and (3) firm's P/E ratio. NOV is by far the worst performer and also the stock least valued by the market. How does management explain this? It is just not a radom factor. There is a reason the market dislikes this company.
A nice visual way to compare the relative %'s it overlay the 4 of them on one chart for the timeframe you have in mind,then vary the timeframes.A picture is worth 100 words....spoken by an old chinese philosopher....but,do you believe everything coming out of China??
Its competitors haven't been out of favor. Just this company. The energy services ETF (OHI) is up 11% since the first of the year. It is not a sector momentum issue. It is an issue with this firm being poorly run or poorly promoted to the market.