On Friday, Nine Energy Service Inc (NYSE: NINE) was 15.08% up from the session before settling in for the closing price of $1.26. A 52-week range for NINE has been $0.75 – $3.26.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 4.59%. When this article was written, the company’s average yearly earnings per share was at -25.00%. With a float of $31.27 million, this company’s outstanding shares have now reached $35.32 million.
Considering the fact that the conglomerate employs 1157 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 10.59%, operating margin of 1.67%, and the pretax margin is -7.55%.
Nine Energy Service Inc (NINE) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Nine Energy Service Inc stocks. The insider ownership of Nine Energy Service Inc is 26.18%, while institutional ownership is 43.96%. The most recent insider transaction that took place on Nov 19 ’24, was worth 517,694. In this transaction 10% Owner of this company bought 435,000 shares at a rate of $1.19, taking the stock ownership to the 4,335,000 shares. Before that another transaction happened on Nov 21 ’24, when Company’s 10% Owner bought 260,000 for $1.24, making the entire transaction worth $321,334. This insider now owns 4,860,000 shares in total.
Nine Energy Service Inc (NINE) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -25.00% per share during the next fiscal year.
Nine Energy Service Inc (NYSE: NINE) Trading Performance Indicators
You can see what Nine Energy Service Inc (NINE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 28.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.20, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.75 in one year’s time.
Technical Analysis of Nine Energy Service Inc (NINE)
Compared to the last year’s volume of 0.67 million, its volume of 1.46 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.00%. Additionally, its Average True Range was 0.15.
During the past 100 days, Nine Energy Service Inc’s (NINE) raw stochastic average was set at 55.08%, which indicates a significant decrease from 78.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 150.06% in the past 14 days, which was higher than the 93.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1486, while its 200-day Moving Average is $1.6835. Nevertheless, the first resistance level for the watch stands at $1.5800 in the near term. At $1.7100, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8800. If the price goes on to break the first support level at $1.2800, it is likely to go to the next support level at $1.1100. Now, if the price goes above the second support level, the third support stands at $0.9800.
Nine Energy Service Inc (NYSE: NINE) Key Stats
There are 42,364K outstanding shares of the company, which has a market capitalization of 70.69 million. As of now, sales total 609,530 K while income totals -32,210 K. Its latest quarter income was 138,160 K while its last quarter net income were -10,140 K.
