Let’s look at the key reasons that are pushing Nine Energy Service Inc (NINE) to new highs

Sana Meer

A new trading day began on Monday, with Nine Energy Service Inc (NYSE: NINE) stock price up 9.39% from the previous day of trading, before settling in for the closing price of $0.67. NINE’s price has ranged from $0.44 to $1.87 over the past 52 weeks.

Energy Sector giant saw their annual sales surged by 31.69% over the last five years. With a float of $37.20 million, this company’s outstanding shares have now reached $43.37 million.

Nine Energy Service Inc (NINE) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Nine Energy Service Inc is 14.17%, while institutional ownership is 23.80%. The most recent insider transaction that took place on Apr 09 ’25, was worth 682,500. In this transaction 10% Owner of this company sold 750,000 shares at a rate of $0.91, taking the stock ownership to the 4,113,000 shares. Before that another transaction happened on Aug 08 ’25, when Company’s insider sold 277,969 for $0.62, making the entire transaction worth $173,731. This insider now owns 373,795 shares in total.

Nine Energy Service Inc (NINE) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.23 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months).

Nine Energy Service Inc (NYSE: NINE) Trading Performance Indicators

Here are Nine Energy Service Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.29. 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 -0.91

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 4.52 million was better than the volume posted last year of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 51.95%.

During the past 100 days, Nine Energy Service Inc’s (NINE) raw stochastic average was set at 24.09%, which indicates a significant decrease from 61.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0777 in the past 14 days, which was higher than the 0.0745 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.6418, while its 200-day Moving Average is $0.8499. Now, the first resistance to watch is $0.7761. This is followed by the second major resistance level at $0.8181. The third major resistance level sits at $0.8962. If the price goes on to break the first support level at $0.6560, it is likely to go to the next support level at $0.5779. Now, if the price goes above the second support level, the third support stands at $0.5359.

Nine Energy Service Inc (NYSE: NINE) Key Stats

With a market capitalization of 31.81 million, the company has a total of 43,341K Shares Outstanding. Currently, annual sales are 554,100 K while annual income is -41,080 K. The company’s previous quarter sales were 147,250 K while its latest quarter income was -10,390 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.