Nine Energy Service Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $3.26 on 04/12/24, and the lowest price during that time was $0.75, recorded on 10/28/24.
52-week price history of NINE Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Nine Energy Service Inc’s current trading price is -54.60% away from its 52-week high, while its distance from the 52-week low is 97.04%. The stock’s price range during this period has fluctuated between $0.75 and $3.26. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 2.04 million for the day, which was evidently higher than the average daily volume of 1.85 million over the last three months.
Financial Performance and Market Capitalization
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 42.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 62.70M 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 1.1943, with a change in price of +0.2400. Similarly, Nine Energy Service Inc recorded 1,322,424 in trading volume during the last 100 days, posting a change of +19.35%.
NINE Stock Stochastic Average
The raw stochastic average for Nine Energy Service Inc over the last 50 days is presently at 60.61%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 65.91%. Further, the company’s Stochastic %K and %D values for the last 20 days were 70.33% and 67.32%, respectively.
NINE Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 32.14%. However, over the past six months, we’ve seen a stronger performance of -19.13%. The price of NINE fallen by 48.00% over the last 30 days. And in the last five days, it has surged by 26.50%.
