U.S. Well Services Inc. (NASDAQ: USWS) is 8.59% higher on its value in year-to-date trading and has touched a low of $0.23 and a high of $2.00 in the current 52-week trading range. The USWS stock was last observed hovering at around $0.39 in the last trading session, with the day’s gains setting it 0.06% off its average median price target of $0.50 for the next 12 months. It is also 55.0% off the consensus price target high of $1.00 offered by 3 analysts, but current levels are -50.0% lower than the price target low of $0.30 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Currently trading at $0.45, the stock is 0.45% and 14.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.24 million and changing 15.12% at the moment leaves the stock 12.19% off its SMA200. USWS registered -76.20% loss for a year compared to 6-month loss of -0.13%. The firm has a 50-day simple moving average (SMA 50) of $0.4279 and a 200-day simple moving average (SMA200) of $0.3775.
The stock witnessed a 2.46% gain in the last 1 month and extending the period to 3 months gives it a 69.71%, and is 4.77% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.10% over the week and 9.45% over the month.
U.S. Well Services Inc. (USWS) has around 871 employees, a market worth around $33.14M and $288.60M in sales. Distance from 52-week low is 94.34% and -77.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.40%).
U.S. Well Services Inc. (USWS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for U.S. Well Services Inc. (USWS) is a “Hold”. 3 analysts offering their recommendations for the stock have an average rating of 3.00, where 3 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
U.S. Well Services Inc. is expected to release its quarterly report on 05/11/2021 and quarterly earnings per share for the current quarter are estimated at -$0.19 with sales reaching $49.4M over the same period.The EPS is expected to shrink by -58.90% this year, but quarterly earnings will post -52.30% year-over-year. Quarterly sales are estimated to shrink -46.70% in year-over-year returns.
U.S. Well Services Inc. (USWS) Top Institutional Holders
32 institutions hold shares in U.S. Well Services Inc. (USWS), with 11.03M shares held by insiders accounting for 15.37% while institutional investors hold 63.66% of the company’s shares. The shares outstanding are 66.67M, and float is at 40.36M with Short Float at 1.00%. Institutions hold 53.88% of the Float.
The top institutional shareholder in the company is Crestview Partners III GP, L.P. with over 20.38 million shares valued at $5.51 million. The investor’s holdings represent 28.39% of the USWS Shares outstanding. As of Sep 29, 2020, the second largest holder is TCW Group, Inc. (The) with 10.0 million shares valued at $2.71 million to account for 13.94% of the shares outstanding. The other top investors are Grosvenor Holdings, L.L.C. which holds 1.24 million shares representing 1.73% and valued at over $0.33 million, while Vanguard Group, Inc. (The) holds 1.42% of the shares totaling 1.02 million with a market value of $0.28 million.