Nine Energy Service Inc (NINE) is gearing up for another turning point as it hit the volume of 1.05 million

On Tuesday, Nine Energy Service Inc (NYSE: NINE) opened higher 2.68% from the last session, before settling in for the closing price of $0.69. Price fluctuations for NINE have ranged from $0.60 to $2.02 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

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 2.63%. Company’s average yearly earnings per share was noted 14.97% at the time writing. With a float of $30.72 million, this company’s outstanding shares have now reached $42.35 million.

Considering the fact that the conglomerate employs 1077 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 10.68%, operating margin of 2.52%, and the pretax margin is -9.69%.

Nine Energy Service Inc (NINE) Insider Activity

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 27.46%, while institutional ownership is 29.06%. The most recent insider transaction that took place on May 09 ’25, was worth 2,903. In this transaction an insider of this company sold 4,282 shares at a rate of $0.68, taking the stock ownership to the 189,341 shares. Before that another transaction happened on May 12 ’25, when Company’s insider sold 38,017 for $0.73, making the entire transaction worth $27,752. This insider now owns 148,403 shares in total.

Nine Energy Service Inc (NINE) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 14.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.42% 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

Check out the current performance indicators for Nine Energy Service Inc (NINE). In the past quarter, the stock posted a quick ratio of 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.05. Likewise, its price to free cash flow for the trailing twelve months is 8.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.05, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.95 in one year’s time.

Technical Analysis of Nine Energy Service Inc (NINE)

Compared to the last year’s volume of 1.33 million, its volume of 1.43 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.56%. Additionally, its Average True Range was 0.08.

During the past 100 days, Nine Energy Service Inc’s (NINE) raw stochastic average was set at 9.44%, which indicates a significant decrease from 36.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 121.95% in the past 14 days, which was higher than the 106.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.9734, while its 200-day Moving Average is $1.1709. Nevertheless, the first resistance level for the watch stands at $0.7495 in the near term. At $0.7861, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8322. If the price goes on to break the first support level at $0.6668, it is likely to go to the next support level at $0.6207. Should the price break the second support level, the third support level stands at $0.5841.

Nine Energy Service Inc (NYSE: NINE) Key Stats

There are currently 42,349K shares outstanding in the company with a market cap of 30.19 million. Presently, the company’s annual sales total 554,100 K according to its annual income of -41,080 K. Last quarter, the company’s sales amounted to 150,470 K and its income totaled -7,060 K.