For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Nine Energy Service Inc (NYSE: NINE) closed the day trading at $0.41 down -7.12% from the previous closing price of $0.44. In other words, the price has decreased by -$7.12 from its previous closing price. On the day, 1.18 million shares were traded. NINE stock price reached its highest trading level at $0.4399 during the session, while it also had its lowest trading level at $0.407.
Upgrades & Downgrades
In the most recent recommendation for the company, Citigroup on December 15, 2020, Upgraded its rating to Neutral and sets its target price to $3 from $1 previously.
Goldman Downgraded its Buy to Neutral on March 27, 2020, whereas the target price for the stock was revised from $9 to $1.25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 09 ’25 when MONROE WILLIAM sold 750,000 shares for $0.91 per share. The transaction valued at 682,500 led to the insider holds 4,113,000 shares of the business.
Fox Ann G sold 277,969 shares of NINE for $173,731 on Aug 08 ’25. The insider now owns 373,795 shares after completing the transaction at $0.62 per share. On Aug 08 ’25, another insider, Sirkes Guy, who serves as the insider of the company, sold 49,897 shares for $0.65 each. As a result, the insider received 32,433 and left with 139,444 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NINE now has a Market Capitalization of 17648066 and an Enterprise Value of 379166080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 0.664 whereas that against EBITDA is 8.201.
Stock Price History:
The Beta on a monthly basis for NINE is 2.20, which has changed by -0.6157895 over the last 52 weeks, in comparison to a change of 0.13042927 over the same period for the S&P500. Over the past 52 weeks, NINE has reached a high of $1.78, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is -23.91%, while the 200-Day Moving Average is calculated to be -44.28%.
Shares Statistics:
Over the past 3-months, NINE traded about 1.37M shares per day on average, while over the past 10 days, NINE traded about 634050 shares per day. A total of 43.36M shares are outstanding, with a floating share count of 37.61M. Insiders hold about 13.27% of the company’s shares, while institutions hold 22.51% stake in the company. Shares short for NINE as of 1764288000 were 2645574 with a Short Ratio of 1.93, compared to 1761868800 on 1728433. Therefore, it implies a Short% of Shares Outstanding of 2645574 and a Short% of Float of 7.19.
