As on Wednesday, Nine Energy Service Inc (NYSE: NINE) got off with the flyer as it spiked 21.46% to $1.00, before settling in for the price of $0.82 at the close. Taking a more long-term approach, NINE posted a 52-week range of $0.75-$3.71.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 4.59%. Meanwhile, its Annual Earning per share during the time was 14.91%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -37.28%. This publicly-traded company’s shares outstanding now amounts to $35.32 million, simultaneously with a float of $30.12 million. The organization now has a market capitalization sitting at $40.99 million. At the time of writing, stock’s 50-day Moving Average stood at $1.1376, while the 200-day Moving Average is $1.7835.
Nine Energy Service Inc (NINE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Equipment & Services industry. Nine Energy Service Inc’s current insider ownership accounts for 26.84%, in contrast to 49.60% institutional ownership. According to the most recent insider trade that took place on Aug 12 ’24, this organization’s insider sold 17,320 shares at the rate of 1.36, making the entire transaction reach 23,521 in total value, affecting insider ownership by 286,799. Preceding that transaction, on Aug 12 ’24, Company’s Chief Accounting Officer sold 2,894 for 1.36, making the whole transaction’s value amount to 3,930. This particular insider is now the holder of 99,269 in total.
Nine Energy Service Inc (NINE) Earnings and Revenue Records
Nine Energy Service Inc’s EPS decrease for this current 12-month fiscal period is -37.28% and is forecasted to reach -0.79 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 1.43. The Stock has managed to achieve an average true range (ATR) of 0.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.07.
In the same vein, NINE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.33, a figure that is expected to reach -0.30 in the next quarter, and analysts are predicting that it will be -0.79 at the market close of one year from today.
Technical Analysis of Nine Energy Service Inc (NINE)
Through scrutinizing the latest numbers posted by the [Nine Energy Service Inc, NINE], it can be observed that its last 5-days Average volume of 0.96 million was better the volume of 0.61 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 39.79% While, its Average True Range was 0.1011.
Raw Stochastic average of Nine Energy Service Inc (NINE) in the period of the previous 100 days is set at 19.27%, which indicates a major fall in contrast to 49.01% 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 107.81% that was higher than 77.51% volatility it exhibited in the past 100-days period.
