In terms of market performance, Nine Energy Service Inc had a fairly uneven. The highest value for the stock in the past year was $3.26 on 04/12/24, and the lowest value was recorded at $0.75 on 10/28/24.
52-week price history of NINE Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Nine Energy Service Inc’s current trading price is -61.35% away from its 52-week high, while its distance from the 52-week low is 67.75%. The stock’s price range during the 52-week period has remained between $0.75 and $3.26. In the Energy sector, the company’s shares saw a trading volume of around 0.56 million for the day, which was evidently lower than the average daily volume of 1.81 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Nine Energy Service Inc (NINE) has experienced a quarterly rise of 9.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 53.38M and boasts a workforce of 1157 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2074, with a change in price of +0.1300. Similarly, Nine Energy Service Inc recorded 1,465,765 in trading volume during the last 100 days, posting a change of +11.50%.
NINE Stock Stochastic Average
As of today, Nine Energy Service Inc’s raw stochastic average for the last 50 days stands at 42.22%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 30.77%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 22.29% and 19.16%, respectively.
NINE Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a gain of 12.50%.However, over the last six months, we can see a stronger performance of -1.56%. Over the last 30 days, the price of NINE has leaped by -16.00%. And in the last five days, it has surged by 1.61%.
