Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Nine Energy Service Inc (NYSE: NINE) closed at $0.35 in the last session, up 1.08% from day before closing price of $0.34. In other words, the price has increased by $1.08 from its previous closing price. On the day, 1.13 million shares were traded. NINE stock price reached its highest trading level at $0.3588 during the session, while it also had its lowest trading level at $0.3312.
Ratios:
We take a closer look at NINE’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 14990015 and an Enterprise Value of 376508000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 0.659 whereas that against EBITDA is 8.144.
Stock Price History:
The Beta on a monthly basis for NINE is 2.20, which has changed by -0.758042 over the last 52 weeks, in comparison to a change of 0.15196204 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 $0.29. The 50-Day Moving Average of the stock is -25.25%, while the 200-Day Moving Average is calculated to be -48.77%.
Shares Statistics:
According to the various share statistics, NINE traded on average about 1.76M shares per day over the past 3-months and 2310800 shares per day over the past 10 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 1765756800 were 2409400 with a Short Ratio of 1.37, compared to 1763078400 on 2644480. Therefore, it implies a Short% of Shares Outstanding of 2409400 and a Short% of Float of 6.550000000000001.
