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. Year to date metric has recorded a gain of 27.68%.However, over the last six months, we can see a stronger performance of -14.37%. Over the last 30 days, the price of NINE has leaped by -15.38%. And in the last five days, it has surged by 37.50%.
Nine Energy Service Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $3.26 on 04/12/24, while the lowest price for the same duration was marked at $0.75 on 10/28/24.
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 -56.13% away from its 52-week high, while its distance from the 52-week low is 90.39%. The stock’s price range during this period has varied between$0.75 and $3.26. The Nine Energy Service Inc’s shares, which operate in the Energy, saw a trading volume of around 7.66 million for the day, a figure considerably higher than their average daily volume of 1.05 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 10.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 70.43M 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 1.1854, with a change in price of +0.1000. Similarly, Nine Energy Service Inc recorded 896,829 in trading volume during the last 100 days, posting a change of +7.52%.
NINE Stock Stochastic Average
As of today, Nine Energy Service Inc’s raw stochastic average for the last 50 days stands at 60.68%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 77.05%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 48.66% and 34.23%, respectively.
