The market performance of Nine Energy Service Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $5.59 on 08/04/23, with the lowest value for the same timeframe being $1.78, recorded on 11/22/23.
52-week price history of NINE Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Nine Energy Service Inc’s current trading price is -51.30% away from its 52-week high, while its distance from the 52-week low is 52.38%. The stock’s price range for this period has remained between $1.78 and $5.59. The Energy sector company’s shares managed to surpass a trading volume of around 0.6 million for the day, which was noticeably lower compared to the shares’ average daily volume of 0.64 million over the last three months.
Financial Performance and Market Capitalization
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 16.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 96.07M and boasts a workforce of 1157 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.36, with a change in price of +0.65. Similarly, Nine Energy Service Inc recorded 731,182 in trading volume during the last 100 days, posting a change of +31.40%.
NINE Stock Stochastic Average
As of today, the raw stochastic average of Nine Energy Service Inc over the past 50 days is 58.14%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 54.62%. Additionally, the Stochastic %K and %D values for the company were 46.50% and 47.81%, respectively, over the past 20 days.
NINE Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 1.49%. However, over the past six months, we’ve seen a stronger performance of -32.84%. The price of NINE fallen by 24.20% over the last 30 days. And in the last five days, it has fallen by -3.55%.
