Nine Energy Service Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $5.97 on 04/10/23, while the lowest price for the same duration was marked at $1.78 on 11/22/23.
52-week price history of NINE Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Nine Energy Service Inc’s current trading price is -56.45% away from its 52-week high, while its distance from the 52-week low is 45.66%. The stock’s price range during this period has spanned from $1.78 to $5.97. In the Energy sector, the Nine Energy Service Inc’s shares surpassed a trading volume of approximately 0.91 million for the day, which was noticeably higher compared to the average daily volume of 9.0.61 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 2.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 91.83M and boasts a workforce of 1157 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.29, with a change in price of +0.37. Similarly, Nine Energy Service Inc recorded 746,333 in trading volume during the last 100 days, posting a change of +16.59%.
NINE Stock Stochastic Average
Today, Nine Energy Service Inc’s raw stochastic average for the past 50 days stands at 84.00%, indicating a decline from the raw stochastic average of the last 20 days, which was 89.06%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 86.12% and 82.93% respectively.
NINE Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -2.99% this year. Over the last six months, there has been a stronger performance of -22.85%. The price of NINE fallen by 25.00% during the last 30 days period. For the last 5-days stocks have improved 16.07%.
