Nine Energy Service Inc. (NYSE: NINE) started the day on July 13, 2021, with a price increase of 15.44% at $3.29. During the day, the stock rose to $3.6999 and sunk to $2.8176 before settling in for the price of $2.85 at the close. Taking a more long-term approach, NINE posted a 52-week range of $0.99-$4.03.In the past 5-years timespan, the Energy sector firm’s annual sales growth was -8.30%. Meanwhile, its Annual Earning per share during the time was -50.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -71.50%. This publicly-traded company’s shares outstanding now amounts to $29.88 million, simultaneously with a float of $16.05 million. The organization now has a market capitalization sitting at $102.81 million. At the time of writing, stock’s 50-day Moving Average stood at $2.40, while the 200-day Moving Average is $2.35.
If we measure the efficiency of the company that is accounted for 733 employees. It has generated 422,927 per worker during the last fiscal year. Meanwhile, its income per employee was -515,576. The stock had 4.44 Receivables turnover and 0.47 Total Asset turnover. For the Profitability, stocks gross margin was -12.93, operating margin was -27.18 and Pretax Margin of -122.70.
Nine Energy Service Inc. (NINE) 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. Nine Energy Service Inc.’s current insider ownership accounts for 2.40%, in contrast to 65.00% institutional ownership. According to the most recent insider trade that took place on May 12, this organization’s See Remarks sold 10,752 shares at the rate of 1.85, making the entire transaction reach 19,891 in total value, affecting insider ownership by 128,546. Preceding that transaction, on May 10, Company’s See Remarks sold 44,248 for 1.87, making the whole transaction’s value amount to 82,744. This particular insider is now the holder of 139,298 in total.
Nine Energy Service Inc. (NINE) Earnings and Revenue Records
This company achieved a net margin of -121.91 while generating a return on equity of -184.72.
Nine Energy Service Inc.’s EPS decrease for this current 12-month fiscal period is -71.50% and is forecasted to reach -0.84 in the upcoming year.
Nine Energy Service Inc. (NYSE: NINE) Trading Performance Indicators
Let’s observe the current performance indicators for Nine Energy Service Inc. (NINE). It’s Quick Ratio in the last reported quarter now stands at 2.10. The Stock has managed to achieve an average true range (ATR) of 0.26. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.45.
In the same vein, NINE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.89, a figure that is expected to reach -0.59 in the next quarter, and analysts are predicting that it will be -0.84 at the market close of one year from today.
Technical Analysis of Nine Energy Service Inc. (NINE)
If we take a close look at the recent performances of Nine Energy Service Inc. (NYSE: NINE), its last 5-days Average volume was 0.62 million that shows progress from its year to date volume of 0.18 million. During the previous 9 days, stock’s Stochastic %D was recorded 68.99% While, its Average True Range was 0.29.
Raw Stochastic average of Nine Energy Service Inc. (NINE) in the period of the previous 100 days is set at 73.39%, which indicates a major rise in contrast to 72.30% 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 101.80% that was higher than 88.35% volatility it exhibited in the past 100-days period.