Daily Market Movement: Nine Energy Service Inc (NINE) Sees a -6.67% Decrease, Closing at $0.32

Nora Barnes

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The closing price of Nine Energy Service Inc (NYSE: NINE) was $0.32 for the day, down -6.67% from the previous closing price of $0.34. In other words, the price has decreased by -$6.67 from its previous closing price. On the day, 2.58 million shares were traded. NINE stock price reached its highest trading level at $0.367 during the session, while it also had its lowest trading level at $0.3088.

Ratios:

Our analysis of NINE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 2.21.

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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 13962351 and an Enterprise Value of 375480352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02. Its current Enterprise Value per Revenue stands at 0.657 whereas that against EBITDA is 8.122.

Stock Price History:

The Beta on a monthly basis for NINE is 2.22, which has changed by -0.6515151 over the last 52 weeks, in comparison to a change of 0.12838376 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 $0.34. The 50-Day Moving Average of the stock is -37.79%, while the 200-Day Moving Average is calculated to be -55.21%.

Shares Statistics:

NINE traded an average of 1.43M shares per day over the past three months and 1046260 shares per day over the past ten days. A total of 43.36M shares are outstanding, with a floating share count of 37.73M. Insiders hold about 12.99% 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 1.85, compared to 1761868800 on 1728433. Therefore, it implies a Short% of Shares Outstanding of 2645574 and a Short% of Float of 7.19.

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