Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 6.25% this year. Over the last six months, there has been a stronger performance of -15.60%. The price of NINE leaped by -11.19% during the last 30 days period. For the last 5-days stocks have improved 4.39%.
Nine Energy Service Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $3.26 on 04/12/24 and the lowest value was $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 -63.50% away from its 52-week high, while its distance from the 52-week low is 58.43%. 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 0.88 million for the day, a figure considerably lower than their average daily volume of 1.85 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nine Energy Service Inc (NINE) has experienced a quarterly decline of -5.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 50.42M 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 1.2058, with a change in price of +0.0800. Similarly, Nine Energy Service Inc recorded 1,438,937 in trading volume during the last 100 days, posting a change of +7.21%.
NINE Stock Stochastic Average
Nine Energy Service Inc’s raw stochastic average for the past 50 days is presently 31.31%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 18.06%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.72% and 9.79%, respectively.
