As on Thursday, Nine Energy Service Inc (NYSE: NINE) started slowly as it slid -5.84% to $1.45, before settling in for the price of $1.54 at the close. Taking a more long-term approach, NINE posted a 52-week range of $0.75-$3.26.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 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 $42.36 million, simultaneously with a float of $30.29 million. The organization now has a market capitalization sitting at $61.43 million. At the time of writing, stock’s 50-day Moving Average stood at $1.2112, while the 200-day Moving Average is $1.6587.
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 28.51%, in contrast to 27.43% institutional ownership. According to the most recent insider trade that took place on Dec 03 ’24, this organization’s insider sold 35,380 shares at the rate of 1.67, making the entire transaction reach 59,155 in total value, affecting insider ownership by 156,966.
Nine Energy Service Inc (NINE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 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 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.11. Similarly, its price to free cash flow for trailing twelve months is now 24.77.
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)
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 0.92 million was better the volume of 0.69 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 53.73% While, its Average True Range was 0.1890.
Raw Stochastic average of Nine Energy Service Inc (NINE) in the period of the previous 100 days is set at 55.08%, which indicates a major rise in contrast to 45.45% 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 112.98% that was higher than 96.22% volatility it exhibited in the past 100-days period.
