Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Nine Energy Service Inc’s current trading price is -68.62% away from its 52-week high, while its distance from the 52-week low is 5.35%. The stock’s price range over this period has fluctuated between $0.60 and $2.02. The company, operating within the financial sector, had a trading volume of approximately 1.11 million for the day, which was noticeably higher than the average daily share volume of 0.72 million over the last 3 months.
Nine Energy Service Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.02 on 07/25/24, while the lowest price for the same duration was marked at $0.60 on 05/07/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nine Energy Service Inc (NINE) has experienced a quarterly decline of -48.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.84M and boasts a workforce of 1077 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0784, with a change in price of -0.2851. Similarly, Nine Energy Service Inc recorded 1,284,572 in trading volume during the last 100 days, posting a change of -31.02%.
NINE Stock Stochastic Average
Today, Nine Energy Service Inc’s raw stochastic average for the past 50 days stands at 4.30%, indicating a decline from the raw stochastic average of the last 20 days, which was 10.52%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 25.38% and 29.30% respectively.
NINE Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -43.40%.However, over the last six months, we can see a stronger performance of -54.07%. Over the last 30 days, the price of NINE has leaped by -12.82%. And in the last five days, it has fallen by -9.44%.
