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. This year’s metric has recorded a Price increase of 6.25%. However, over the past six months, we’ve seen a weaker performance of 8.18%. The price of NINE fallen by 0.85% over the last 30 days. And in the last five days, it has fallen by 0.00%.
Nine Energy Service Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $3.26 on 04/12/24, with the lowest value being $0.75 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 -63.50% away from its 52-week high, while its distance from the 52-week low is 58.43%. 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 0.65 million for the day, which was lower than the average daily volume of 1.68 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 4.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 50.40M and boasts a workforce of 1077 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 1.2066, with a change in price of +0.1500. Similarly, Nine Energy Service Inc recorded 1,485,700 in trading volume during the last 100 days, posting a change of +14.42%.
NINE Stock Stochastic Average
As of today, the raw stochastic average of Nine Energy Service Inc over the last 50 days is at 28.92%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 60.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 71.67% and 65.28%, respectively.
