The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Nine Energy Service Inc’s current trading price is -51.23% away from its 52-week high, while its distance from the 52-week low is 111.69%. The stock’s price range for this period has been between $0.75 and $3.26 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 1.13 million for the day, a number notably higher than the average daily volume of 0.8 million over the last three months.
In terms of market performance, Nine Energy Service Inc had a fairly uneven. The highest value for the stock in the past year was $3.26 on 04/12/24, and the lowest value was recorded at $0.75 on 10/28/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 28.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 67.36M and boasts a workforce of 1157 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.3031, with a change in price of +0.0500. Similarly, Nine Energy Service Inc recorded 702,188 in trading volume during the last 100 days, posting a change of +3.25%.
NINE Stock Stochastic Average
As of today, Nine Energy Service Inc’s raw stochastic average for the last 50 days stands at 81.53%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 79.01%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 70.02% and 71.03%, respectively.
NINE Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -40.67% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -5.36%. Over the past 30 days, the price of NINE has fallen by 93.97%. And in the last five days, it has surged by 34.75%.
