The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 4.46%. However, over the past six months, we’ve seen a stronger performance of -34.27%. The price of NINE fallen by 4.46% over the last 30 days. And in the last five days, it has fallen by -12.69%.
The stock market performance of Nine Energy Service Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $3.26 on 04/12/24, while the lowest price during the same time frame was $0.75, recorded on 10/28/24.
52-week price history of NINE Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Nine Energy Service Inc’s current trading price is -64.11% away from its 52-week high, while its distance from the 52-week low is 55.77%. The stock’s price range for this period has been between $0.75 and $3.26. The Energy sector company’s shares saw a trading volume of about 0.79 million for the day, which was lower than the average daily volume of 1.27 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 9.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 49.56M and boasts a workforce of 1157 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1841, with a change in price of -0.0100. Similarly, Nine Energy Service Inc recorded 982,317 in trading volume during the last 100 days, posting a change of -0.85%.
NINE Stock Stochastic Average
As of today, the raw stochastic average of Nine Energy Service Inc over the past 50 days is 29.29%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 40.85%. Additionally, the Stochastic %K and %D values for the company were 43.19% and 46.17%, respectively, over the past 20 days.
