The stock of Nine Energy Service Inc (NYSE:NINE) last traded at $0.63, down -14.18% from the previous session.
NINE stock price is now -7.85% away from the 50-day moving average and -40.90% away from the 200-day moving average. The market capitalization of the company currently stands at $26.68M.
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, Crombie David, insider sold 20,857 shares of the company’s stock on May 15 ’25. The stock was sold for $12,973 at an average price of $0.62. Upon completion of the transaction, the insider now directly owns 219,996 shares in the company, valued at $0.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 14 ’25, MOORE THEODORE R. sold 11,530 shares of the business’s stock. A total of $8,059 was realized by selling the stock at an average price of $0.70. This leaves the insider owning 136,873 shares of the company worth $86229.99. A total of 28.11% of the company’s stock is owned by insiders.
During the past 12 months, Nine Energy Service Inc has had a low of $0.44 and a high of $2.02.
The company reported revenue of $150.47 million for the quarter, compared to $142.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.87 percent.
