NexTier Oilfield Solutions Inc. (NYSE: NEX) started the day on May 18, 2021, with a price decrease of -2.71% at $4.66. During the day, the stock rose to $4.81 and sunk to $4.65 before settling in for the price of $4.79 at the close. Taking a more long-term approach, NEX posted a 52-week range of $1.58-$5.74.
In the past 5-years timespan, the Energy sector firm’s annual sales growth was 26.80%. Meanwhile, its Annual Earning per share during the time was -20.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -88.00%. This publicly-traded company’s shares outstanding now amounts to $215.11 million, simultaneously with a float of $196.12 million. The organization now has a market capitalization sitting at $923.94 million. At the time of writing, stock’s 50-day Moving Average stood at $3.95, while the 200-day Moving Average is $3.23.
NexTier Oilfield Solutions Inc. (NEX) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Equipment & Services Industry. NexTier Oilfield Solutions Inc.’s current insider ownership accounts for 0.50%, in contrast to 92.70% institutional ownership. According to the most recent insider trade that took place on Mar 08, this organization’s 10% Owner sold 7,933,153 shares at the rate of 4.92, making the entire transaction reach 39,031,113 in total value, affecting insider ownership by 39,330,828.
NexTier Oilfield Solutions Inc. (NEX) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/31/2020, the organization reported -$0.3 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.34) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.
NexTier Oilfield Solutions Inc.’s EPS decrease for this current 12-month fiscal period is -88.00% and is forecasted to reach -0.10 in the upcoming year.
NexTier Oilfield Solutions Inc. (NYSE: NEX) Trading Performance Indicators
Let’s observe the current performance indicators for NexTier Oilfield Solutions Inc. (NEX). It’s Quick Ratio in the last reported quarter now stands at 1.90. The Stock has managed to achieve an average true range (ATR) of 0.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.15.
In the same vein, NEX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.54, a figure that is expected to reach -0.16 in the next quarter, and analysts are predicting that it will be -0.10 at the market close of one year from today.
Technical Analysis of NexTier Oilfield Solutions Inc. (NEX)
If we take a close look at the recent performances of NexTier Oilfield Solutions Inc. (NYSE: NEX), its last 5-days Average volume was 2.07 million that shows progress from its year to date volume of 1.94 million. During the previous 9 days, stock’s Stochastic %D was recorded 92.97% While, its Average True Range was 0.32.
Raw Stochastic average of NexTier Oilfield Solutions Inc. (NEX) in the period of the previous 100 days is set at 59.70%, which indicates a major fall in contrast to 87.80% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 68.62% that was lower than 74.05% volatility it exhibited in the past 100-days period.