Nine Energy Service Inc (NYSE: NINE) kicked off on Monday, up 4.88% from the previous trading day, before settling in for the closing price of $1.23. Over the past 52 weeks, NINE has traded in a range of $0.75-$3.26.
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Annual sales at Energy sector company grew by 2.63% over the past five years. While this was happening, its average annual earnings per share was recorded 45.79%. With a float of $30.69 million, this company’s outstanding shares have now reached $42.35 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. 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) Latest Financial update
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
Take a look at Nine Energy Service Inc’s (NINE) current performance indicators. Last quarter, stock had a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.10.
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)
Nine Energy Service Inc (NYSE: NINE) saw its 5-day average volume 0.45 million, a negative change from its year-to-date volume of 1.84 million. As of the previous 9 days, the stock’s Stochastic %D was 66.26%. Additionally, its Average True Range was 0.12.
During the past 100 days, Nine Energy Service Inc’s (NINE) raw stochastic average was set at 48.16%, which indicates a significant decrease from 85.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.50% in the past 14 days, which was lower than the 120.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2294, while its 200-day Moving Average is $1.3155. Nevertheless, the first resistance level for the watch stands at $1.3495 in the near term. At $1.4091, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.4788. If the price goes on to break the first support level at $1.2202, it is likely to go to the next support level at $1.1505. The third support level lies at $1.0909 if the price breaches the second support level.
Nine Energy Service Inc (NYSE: NINE) Key Stats
The company with the Market Capitalisation of 54.63 million has total of 42,349K Shares Outstanding. Its annual sales at the moment are 554,100 K in contrast with the sum of -41,080 K annual income. Company’s last quarter sales were recorded 141,430 K and last quarter income was -8,840 K.
