Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Nine Energy Service Inc (NYSE: NINE) was $0.51 for the day, down -3.32% from the previous closing price of $0.53. In other words, the price has decreased by -$3.32 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
Our analysis of NINE’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 1.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.21. 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:
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 May 15 ’25 when Crombie David sold 20,857 shares for $0.62 per share. The transaction valued at 12,973 led to the insider holds 219,996 shares of the business.
MOORE THEODORE R. sold 11,530 shares of NINE for $8,059 on May 14 ’25. The insider now owns 136,873 shares after completing the transaction at $0.70 per share. On May 15 ’25, another insider, Crombie David, who serves as the Officer of the company, bought 20,857 shares for $0.62 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04.
Stock Price History:
Over the past 52 weeks, NINE has reached a high of $2.02, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -38.92%, while the 200-Day Moving Average is calculated to be -53.74%.
Shares Statistics:
A total of 42.35M shares are outstanding, with a floating share count of 30.44M. Insiders hold about 28.11% of the company’s shares, while institutions hold 29.33% stake in the company.
