On Friday, Nine Energy Service Inc (NYSE: NINE) was -7.26% drop from the session before settling in for the closing price of $1.24. A 52-week range for NINE has been $0.75 – $3.26.
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During the last 5-year period, the sales growth of Energy Sector giant was 2.63%. When this article was written, the company’s average yearly earnings per share was at 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) Insider Activity
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 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) Earnings and Forecasts
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
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 1.47. 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 0.44 million, which is a drop from its year-to-date volume of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 40.38%. Additionally, its Average True Range was 0.10.
During the past 100 days, Nine Energy Service Inc’s (NINE) raw stochastic average was set at 27.27%, which indicates a significant increase from 20.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.23% in the past 14 days, which was lower than the 116.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2220, while its 200-day Moving Average is $1.2980. However, in the short run, Nine Energy Service Inc’s stock first resistance to watch stands at $1.2300. Second resistance stands at $1.3100. The third major resistance level sits at $1.3700. If the price goes on to break the first support level at $1.0900, it is likely to go to the next support level at $1.0300. Should the price break the second support level, the third support level stands at $0.9500.
Nine Energy Service Inc (NYSE: NINE) Key Stats
There are 42,349K outstanding shares of the company, which has a market capitalization of 48.70 million. As of now, sales total 554,100 K while income totals -41,080 K. Its latest quarter income was 141,430 K while its last quarter net income were -8,840 K.
