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The closing price of National Energy Services Reunited Corp (NASDAQ: NESR) was $5.72 for the day, down -7.59%% from the previous closing price of $6.19. In other words, the price has decreased by -$7.59% from its previous closing price. On the day, 0.81 million shares were traded.
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 7.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.62. 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:
As of this moment, National’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.15, and their Forward P/E ratio for the next fiscal year is 4.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.60.
Stock Price History:
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 -7.32%, while the 200-Day Moving Average is calculated to be -29.36%.
Shares Statistics:
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.
