In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Nine Energy Service Inc (NYSE: NINE) closed at $0.68 down -3.07% from its previous closing price of $0.70. In other words, the price has decreased by -$3.07 from its previous closing price. On the day, 1.36 million shares were traded.
Ratios:
For a deeper understanding of Nine Energy Service Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 2.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 07 ’25 when MOORE THEODORE R. sold 9,035 shares for $0.65 per share. The transaction valued at 5,864 led to the insider holds 140,623 shares of the business.
Crombie David sold 12,895 shares of NINE for $8,369 on May 07 ’25. The insider now owns 217,066 shares after completing the transaction at $0.65 per share. On May 07 ’25, another insider, Fox Ann G, who serves as the insider of the company, sold 22,624 shares for $0.65 each. As a result, the insider received 14,683 and left with 527,090 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05.
Stock Price History:
Over the past 52 weeks, NINE has reached a high of $2.07, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -31.25%, while the 200-Day Moving Average is calculated to be -42.64%.
Shares Statistics:
A total of 42.35M shares are outstanding, with a floating share count of 30.72M. Insiders hold about 27.46% of the company’s shares, while institutions hold 29.16% stake in the company.
