Nine Energy Service Inc (NYSE: NINE) started the day on Wednesday, with a price increase of 5.08% at $1.24, before settling in for the price of $1.18 at the close. Taking a more long-term approach, NINE posted a 52-week range of $0.75-$3.26.
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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 -25.00%. This publicly-traded company’s shares outstanding now amounts to $35.32 million, simultaneously with a float of $31.27 million. The organization now has a market capitalization sitting at $52.53 million. At the time of writing, stock’s 50-day Moving Average stood at $1.1308, while the 200-day Moving Average is $1.7198.
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 26.18%, in contrast to 47.16% institutional ownership.
Nine Energy Service Inc (NINE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.12 per share during the current fiscal year.
Nine Energy Service Inc’s EPS decrease for this current 12-month fiscal period is -25.00% and is forecasted to reach -0.75 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 1.59. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.09. Similarly, its price to free cash flow for trailing twelve months is now 21.18.
In the same vein, NINE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.20, a figure that is expected to reach -0.20 in the next quarter, and analysts are predicting that it will be -0.75 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 2.01 million that shows progress from its year to date volume of 0.65 million. During the previous 9 days, stock’s Stochastic %D was recorded 53.41% While, its Average True Range was 0.1793.
Raw Stochastic average of Nine Energy Service Inc (NINE) in the period of the previous 100 days is set at 38.53%, which indicates a major fall in contrast to 58.28% 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 170.75% that was higher than 91.21% volatility it exhibited in the past 100-days period.
