The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price loss of -17.16% this year. Over the last six months, there has been a stronger performance of -50.00%. The price of NINE fallen by 4.72% during the last 30 days period. For the last 5-days stocks have slided -1.77%.
The market performance of Nine Energy Service Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $10.03 on 03/09/23, while the lowest value for the same duration was $1.78 on 11/22/23.
52-week price history of NINE Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Nine Energy Service Inc’s current trading price is -77.87% away from its 52-week high, while its distance from the 52-week low is 24.37%. The stock’s price range during this period has varied between$1.78 and $10.03. The Nine Energy Service Inc’s shares, which operate in the Energy, saw a trading volume of around 1.68 million for the day, a figure considerably higher than their average daily volume of 0.72 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 11.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 78.41M and boasts a workforce of 1157 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.54, with a change in price of -1.83. Similarly, Nine Energy Service Inc recorded 797,844 in trading volume during the last 100 days, posting a change of -45.19%.
NINE Stock Stochastic Average
Nine Energy Service Inc’s raw stochastic average for the past 50 days is presently 23.81%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 58.14%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.38% and 27.02%, respectively.
