On Friday, Nine Energy Service Inc (NYSE: NINE) opened lower -3.28% from the last session, before settling in for the closing price of $1.22. Price fluctuations for NINE have ranged from $0.75 to $3.26 over the past 52 weeks.
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
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 5.57%. Company’s average yearly earnings per share was noted -25.11% at the time writing. With a float of $30.70 million, this company’s outstanding shares have now reached $42.36 million.
The extent of productivity of a business whose workforce counts for 1157 workers is very important to gauge. 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) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Nine Energy Service Inc is 27.53%, while institutional ownership is 35.53%. The most recent insider transaction that took place on Dec 03 ’24, was worth 59,155. In this transaction an insider of this company sold 35,380 shares at a rate of $1.67, taking the stock ownership to the 156,966 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Officer proposed sale 35,380 for $1.67, making the entire transaction worth $59,148.
Nine Energy Service Inc (NINE) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.15% during the next five years compared to 14.91% growth over the previous five years of trading.
Nine Energy Service Inc (NYSE: NINE) Trading Performance Indicators
Check out the current performance indicators for Nine Energy Service Inc (NINE). In the past 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 0.09. Likewise, its price to free cash flow for the trailing twelve months is 20.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.20, a number that is poised to hit -0.24 in the next quarter and is forecasted to reach -0.75 in one year’s time.
Technical Analysis of Nine Energy Service Inc (NINE)
The latest stats from [Nine Energy Service Inc, NINE] show that its last 5-days average volume of 0.8 million was inferior to 2.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 64.29%. Additionally, its Average True Range was 0.14.
During the past 100 days, Nine Energy Service Inc’s (NINE) raw stochastic average was set at 38.33%, which indicates a significant increase from 26.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.12% in the past 14 days, which was lower than the 117.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2243, while its 200-day Moving Average is $1.3918. Now, the first resistance to watch is $1.2267. This is followed by the second major resistance level at $1.2733. The third major resistance level sits at $1.3067. If the price goes on to break the first support level at $1.1467, it is likely to go to the next support level at $1.1133. The third support level lies at $1.0667 if the price breaches the second support level.
Nine Energy Service Inc (NYSE: NINE) Key Stats
There are currently 42,364K shares outstanding in the company with a market cap of 49.98 million. Presently, the company’s annual sales total 609,530 K according to its annual income of -32,210 K. Last quarter, the company’s sales amounted to 138,160 K and its income totaled -10,140 K.
