Nine Energy Service Inc (NYSE: NINE) is -31.78% lower on its value in year-to-date trading and has touched a low of $0.44 and a high of $2.02 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NINE stock was last observed hovering at around $0.63 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $0.76, the stock is 38.68% and 12.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.71 million and changing 21.27% at the moment leaves the stock -28.18% off its SMA200. NINE registered -48.72% loss for a year compared to 6-month loss of -32.97%.
The stock witnessed a 24.65% gain in the last 1 month and extending the period to 3 months gives it a -35.79%, and is 32.63% 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 17.12% over the week and 9.31% over the month.
Nine Energy Service Inc (NINE) has around 1077 employees, a market worth around $32.36M and $562.45M in sales. Profit margin for the company is -7.13%. Distance from 52-week low is 73.66% and -62.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.71%).
with sales reaching $143.6M over the same period.The EPS is expected to grow by 14.97% this year, but quarterly earnings will post 1.64% year-over-year. Quarterly sales are estimated to grow 8.46% in year-over-year returns.
Nine Energy Service Inc (NINE) Top Institutional Holders
The shares outstanding are 42.35M, and float is at 30.44M with Short Float at 8.84%.
The top institutional shareholder in the company is SCF PARTNERS, INC. with over 9.09 million shares valued at $15.27 million. The investor’s holdings represent 25.6133% of the NINE Shares outstanding. As of 2024-06-30, the second largest holder is GENDELL JEFFREY L with 3.4 million shares valued at $5.71 million to account for 9.5792 of the shares outstanding. The other top investors are CLARITY FINANCIAL LLC which holds 2.47 million shares representing 6.9566% and valued at over $4.15 million, while VANGUARD GROUP INC holds 2.5051 of the shares totaling 0.89 million with a market value of $1.49 million.
Nine Energy Service Inc (NINE) Insider Activity
The most recent transaction is an insider sale by Crombie David. SEC filings show that Crombie David sold 20,857 shares of the company’s common stock on May 15 ’25 at a price of $0.62 per share for a total of $12973.0. Following the sale, the insider now owns 0.22 million shares.
Nine Energy Service Inc disclosed in a document filed with the SEC on May 14 ’25 that MOORE THEODORE R.sold a total of 11,530 shares of the company’s common stock. The trade occurred on May 14 ’25 and was made at $0.70 per share for $8059.0. Following the transaction, the insider now directly holds 0.14 million shares of the NINE stock.
Still, SEC filings show that on May 15 ’25, Crombie David (Officer) Proposed Sale 20,857 shares at an average price of $0.62 for $12976.0. The insider now directly holds shares of Nine Energy Service Inc (NINE).
