Nine Energy Service Inc (NYSE: NINE) established initial surge of 6.60% at $2.26, before settling in for the price of $2.12 at the close. Taking a more long-term approach, NINE posted a 52-week range of $1.78-$6.73.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 6.22%. Meanwhile, its Annual Earning per share during the time was 14.91%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 31.92%. This publicly-traded company’s shares outstanding now amounts to $35.32 million, simultaneously with a float of $28.84 million. The organization now has a market capitalization sitting at $79.82 million. At the time of writing, stock’s 50-day Moving Average stood at $2.23, while the 200-day Moving Average is $3.26.
Nine Energy Service Inc (NINE) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Nine Energy Service Inc industry. Nine Energy Service Inc’s current insider ownership accounts for 18.35%, in contrast to 57.77% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s insider sold 16,709 shares at the rate of 2.19, making the entire transaction reach 36,609 in total value, affecting insider ownership by 117,918. Preceding that transaction, on Mar 12 ’24, Company’s insider sold 216,704 for 2.17, making the whole transaction’s value amount to 470,248. This particular insider is now the holder of 508,783 in total.
Nine Energy Service Inc (NINE) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted -$0.28 earnings per share (EPS) during the time that was better the consensus figure (set at -$0.35) by $0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.
Nine Energy Service Inc’s EPS increase for this current 12-month fiscal period is 31.92% and is forecasted to reach -0.56 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 1.56. The Stock has managed to achieve an average true range (ATR) of 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.13. Similarly, its price to free cash flow for trailing twelve months is now 3.82.
In the same vein, NINE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.96, a figure that is expected to reach -0.32 in the next quarter, and analysts are predicting that it will be -0.56 at the market close of one year from today.
Technical Analysis of Nine Energy Service Inc (NINE)
Now, what If we examine the latest scores posted by [Nine Energy Service Inc, NINE]. During the last 5-days, its volume was lower the volume of 0.64 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 62.21% While, its Average True Range was 0.14.
Raw Stochastic average of Nine Energy Service Inc (NINE) in the period of the previous 100 days is set at 24.74%, which indicates a major fall in contrast to 62.15% 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 77.48% that was lower than 87.78% volatility it exhibited in the past 100-days period.
