The price of Nine Energy Service Inc (NYSE:NINE) shares last traded on Wall Street rose 16.26% to $1.43.
NINE stock price is now 19.93% away from the 50-day moving average and -8.35% away from the 200-day moving average. The market capitalization of the company currently stands at $70.43M.
With the price target enhanced from $1 to $3, Citigroup Upgraded its rating from Sell to Neutral for Nine Energy Service Inc (NYSE: NINE). , while ‘Goldman’ rates the stock as ‘Neutral’
In other news, Sirkes Guy, insider sold 35,380 shares of the company’s stock on Dec 03 ’24. The stock was sold for $59,155 at an average price of $1.67. Upon completion of the transaction, the insider now directly owns 156,966 shares in the company, valued at $0.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, Officer Sirkes Guy bought 35,380 shares of the business’s stock. A total of $59,148 was incurred on buying the stock at an average price of $1.67. A total of 27.53% of the company’s stock is owned by insiders.
During the past 12 months, Nine Energy Service Inc has had a low of $0.75 and a high of $3.26. The fifty day moving average price for NINE is $1.19238 and a two-hundred day moving average price translates $1.560245 for the stock.
The latest earnings results from Nine Energy Service Inc (NYSE: NINE) was released for 2024-09-30. The company reported revenue of $138.16 million for the quarter, compared to $140.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.75 percent.
