National Energy Services Reunited Corp (NASDAQ: NESR) kicked off on Monday, down -3.26% from the previous trading day, before settling in for the closing price of $6.44. Over the past 52 weeks, NESR has traded in a range of $5.20-$9.89.
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
During the last 5-year period, the sales growth of Energy Sector giant was 11.99%. While this was happening, its average annual earnings per share was recorded 19.51%. With a float of $80.09 million, this company’s outstanding shares have now reached $96.35 million.
Let’s determine the extent of company efficiency that accounts for 6554 employees. In terms of profitability, gross margin is 15.53%, operating margin of 10.25%, and the pretax margin is 7.24%.
National Energy Services Reunited Corp (NESR) Breakdown of a Key Holders of the stock
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 National Energy Services Reunited Corp is 16.96%, while institutional ownership is 60.67%.
National Energy Services Reunited Corp (NESR) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 19.51% per share during the next fiscal year.
National Energy Services Reunited Corp (NASDAQ: NESR) Trading Performance Indicators
Take a look at National Energy Services Reunited Corp’s (NESR) current performance indicators. Last quarter, stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46. Likewise, its price to free cash flow for the trailing twelve months is 7.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.80, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 1.17 in one year’s time.
Technical Analysis of National Energy Services Reunited Corp (NESR)
Looking closely at National Energy Services Reunited Corp (NASDAQ: NESR), its last 5-days average volume was 1.07 million, which is a jump from its year-to-date volume of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 67.51%.
During the past 100 days, National Energy Services Reunited Corp’s (NESR) raw stochastic average was set at 23.95%, which indicates a significant decrease from 54.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.41% in the past 14 days, which was lower than the 56.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.20, while its 200-day Moving Average is $7.95. However, in the short run, National Energy Services Reunited Corp’s stock first resistance to watch stands at $6.46. Second resistance stands at $6.69. The third major resistance level sits at $6.88. If the price goes on to break the first support level at $6.05, it is likely to go to the next support level at $5.86. Now, if the price goes above the second support level, the third support stands at $5.63.
National Energy Services Reunited Corp (NASDAQ: NESR) Key Stats
The company with the Market Capitalisation of 600.90 million has total of 96,453K Shares Outstanding. Its annual sales at the moment are 1,302 M in contrast with the sum of 76,310 K annual income. Company’s last quarter sales were recorded 303,100 K and last quarter income was 10,390 K.
