On Monday, Nine Energy Service Inc (NYSE: NINE) opened higher 13.59%% from the last session, before settling in for the closing price of $1.03. Price fluctuations for NINE have ranged from $0.44 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
Annual sales at Energy sector company grew by 31.69% over the past five years. Company’s average yearly earnings per share was noted 14.97% at the time writing. With a float of $30.44 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 10.68%, operating margin of 2.52%, and the pretax margin is -9.69%.
Nine Energy Service Inc (NINE) Insider and Institutional Ownership
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 28.11%, while institutional ownership is 29.33%. The most recent insider transaction that took place on May 15 ’25, was worth 12,973. In this transaction an insider of this company sold 20,857 shares at a rate of $0.62, taking the stock ownership to the 219,996 shares. Before that another transaction happened on May 14 ’25, when Company’s insider sold 11,530 for $0.70, making the entire transaction worth $8,059. This insider now owns 136,873 shares in total.
Nine Energy Service Inc (NINE) Latest Financial update
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 0.09. Likewise, its price to free cash flow for the trailing twelve months is 14.16.
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)
Nine Energy Service Inc (NYSE: NINE) saw its 5-day average volume 18.25 million, a positive change from its year-to-date volume of 2.43 million. As of the previous 9 days, the stock’s Stochastic %D was 80.13%.
During the past 100 days, Nine Energy Service Inc’s (NINE) raw stochastic average was set at 65.77%, which indicates a significant increase from 65.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 213.52% in the past 14 days, which was higher than the 127.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6917, while its 200-day Moving Average is $1.0627. Nevertheless, the first resistance level for the watch stands at $1.4467 in the near term. At $1.7233, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8967. If the price goes on to break the first support level at $0.9967, it is likely to go to the next support level at $0.8233. The third support level lies at $0.5467 if the price breaches the second support level.
Nine Energy Service Inc (NYSE: NINE) Key Stats
There are currently 42,349K shares outstanding in the company with a market cap of 49.55 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.