Nine Energy Service Inc (NYSE: NINE) on Monday, plunged -8.46% from the previous trading day, before settling in for the closing price of $1.30. Within the past 52 weeks, NINE’s price has moved between $0.75 and $3.26.
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During the last 5-year period, the sales growth of Energy Sector giant was 2.63%. The company achieved an average annual earnings per share of 45.79%. With a float of $30.69 million, this company’s outstanding shares have now reached $42.35 million.
Let’s determine the extent of company efficiency that accounts for 1077 employees. In terms of profitability, gross margin is 10.94%, operating margin of 1.64%, and the pretax margin is -7.38%.
Nine Energy Service Inc (NINE) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Nine Energy Service Inc is 27.53%, while institutional ownership is 35.54%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.92% during the next five years compared to 31.69% growth over the previous five years of trading.
Nine Energy Service Inc (NYSE: NINE) Trading Performance Indicators
Nine Energy Service Inc (NINE) is currently performing well based on its current performance indicators. A quick ratio of 1.47 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.11, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.47 in one year’s time.
Technical Analysis of Nine Energy Service Inc (NINE)
Looking closely at Nine Energy Service Inc (NYSE: NINE), its last 5-days average volume was 1.12 million, which is a drop from its year-to-date volume of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 63.75%. Additionally, its Average True Range was 0.13.
During the past 100 days, Nine Energy Service Inc’s (NINE) raw stochastic average was set at 39.23%, which indicates a significant decrease from 60.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.93% in the past 14 days, which was lower than the 120.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2118, while its 200-day Moving Average is $1.3283. However, in the short run, Nine Energy Service Inc’s stock first resistance to watch stands at $1.2733. Second resistance stands at $1.3567. The third major resistance level sits at $1.4083. If the price goes on to break the first support level at $1.1383, it is likely to go to the next support level at $1.0867. Now, if the price goes above the second support level, the third support stands at $1.0033.
Nine Energy Service Inc (NYSE: NINE) Key Stats
Market capitalization of the company is 50.39 million based on 42,364K outstanding shares. Right now, sales total 609,530 K and income totals -32,210 K. The company made 138,160 K in profit during its latest quarter, and -10,140 K in sales during its previous quarter.
