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NINE: Riding the Market Waves of Growth and Decline in 2023

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. Until today this year the stock’s price performance recorded a decrease of -35.08%. However, over the last six months, the performance has been stronger by -36.77%. The price of NINE decreased -43.64% over the last 30 days. And in the last five days, it has fallen by -19.33%.

The market performance of Nine Energy Service Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $3.04 on 04/16/24, with the lowest value for the same timeframe being $0.75, recorded on 04/15/25.

52-week price history of NINE Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Nine Energy Service Inc’s current trading price is -76.08% away from its 52-week high, while its distance from the 52-week low is -3.20%. The stock’s price range over this timeframe has been between $0.75 and $3.04. The shares of the Energy sector company recorded a trading volume of approximately 0.62 million for the day, which was comparatively lower than the average daily volume of 1.37 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Nine Energy Service Inc (NINE) has experienced a quarterly decline of -37.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.79M 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 1.1987, with a change in price of -0.4229. Similarly, Nine Energy Service Inc recorded 1,381,891 in trading volume during the last 100 days, posting a change of -36.77%.

NINE Stock Stochastic Average

Nine Energy Service Inc’s raw stochastic average for the past 50 days is currently at 0.81%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 0.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 1.53% and 4.14%, respectively.

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