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The closing price of National Energy Services Reunited Corp (NASDAQ: NESR) was $6.57 for the day, up 2.82% from the previous closing price of $6.39. In other words, the price has increased by $2.82 from its previous closing price. On the day, 1.13 million shares were traded. NESR stock price reached its highest trading level at $6.61 during the session, while it also had its lowest trading level at $6.27.
Ratios:
Our analysis of NESR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.28.
On January 21, 2025, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $15.
On December 06, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $13.JP Morgan initiated its Overweight rating on December 06, 2024, with a $13 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NESR now has a Market Capitalization of 633696256 and an Enterprise Value of 923432832. As of this moment, National’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.22, and their Forward P/E ratio for the next fiscal year is 5.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.706 whereas that against EBITDA is 3.306.
Stock Price History:
The Beta on a monthly basis for NESR is 0.38, which has changed by -0.26999998 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, NESR has reached a high of $9.89, while it has fallen to a 52-week low of $5.20. The 50-Day Moving Average of the stock is 6.10%, while the 200-Day Moving Average is calculated to be -17.66%.
Shares Statistics:
NESR traded an average of 588.21K shares per day over the past three months and 1772830 shares per day over the past ten days. A total of 96.35M shares are outstanding, with a floating share count of 80.09M. Insiders hold about 16.96% of the company’s shares, while institutions hold 60.63% stake in the company. Shares short for NESR as of 1749772800 were 603624 with a Short Ratio of 1.03, compared to 1747267200 on 474995. Therefore, it implies a Short% of Shares Outstanding of 603624 and a Short% of Float of 0.9900000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
