On Monday, Nine Energy Service Inc (NYSE: NINE) was -4.20% drop from the session before settling in for the closing price of $0.81. A 52-week range for NINE has been $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
Energy Sector giant saw their annual sales surged by 2.63% over the last five years. When this article was written, the company’s average yearly earnings per share was at 43.95%. With a float of $30.69 million, this company’s outstanding shares have now reached $42.35 million.
The firm has a total of 1077 workers. Let’s measure their productivity. 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
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) 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 43.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.58% 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 0.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.11, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.55 in one year’s time.
Technical Analysis of Nine Energy Service Inc (NINE)
Analysing the last 5-days average volume posted by the [Nine Energy Service Inc, NINE], we can find that recorded value of 1.03 million was lower than the volume posted last year of 1.5 million. As of the previous 9 days, the stock’s Stochastic %D was 3.31%. 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 1.26%, which indicates a significant decrease from 2.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.80% in the past 14 days, which was lower than the 108.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1340, while its 200-day Moving Average is $1.2664. Now, the first resistance to watch is $0.8319. This is followed by the second major resistance level at $0.8879. The third major resistance level sits at $0.9228. If the price goes on to break the first support level at $0.7410, it is likely to go to the next support level at $0.7061. Now, if the price goes above the second support level, the third support stands at $0.6501.
Nine Energy Service Inc (NYSE: NINE) Key Stats
There are 42,349K outstanding shares of the company, which has a market capitalization of 32.86 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.
