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 -53.99% away from its 52-week high, while its distance from the 52-week low is 99.71%. 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 20.36 million for the day, a number notably higher than the average daily volume of 1.3 million over the last three months.
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.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 40.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 63.55M 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 1.1859, with a change in price of +0.2600. Similarly, Nine Energy Service Inc recorded 1,186,769 in trading volume during the last 100 days, posting a change of +20.97%.
NINE Stock Stochastic Average
As of today, Nine Energy Service Inc’s raw stochastic average for the last 50 days stands at 62.63%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 70.45%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 51.65% and 45.70%, respectively.
NINE Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 33.93% this year. Over the last six months, there has been a stronger performance of -10.71%. The price of NINE fallen by 51.52% during the last 30 days period. For the last 5-days stocks have improved 20.97%.
