There Is A Quest For Clarity Surrounding Nine Energy Service Inc (NYSE: NINE) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Oil & Gas Equipment & Services industry segment, falling under the Energy sector. The current market capitalization of Nine Energy Service Inc is $53.68M. A total of 0.79 million shares were traded on the day, compared to an average of 1.05M shares.

In the most recent transaction, Sirkes Guy sold 35,380 shares of NINE for 1.67 per share on Dec 03 ’24. After the transaction, the insider now owns 156,966 company shares. In a previous transaction on Dec 03 ’24, Sirkes Guy bought 35,380 shares at 1.67 per share.

Among the insiders who bought shares, MONROE WILLIAM acquired of 435,000 shares on Nov 19 ’24 at a per-share price of $1.19. This resulted in the 10% Owner holding 4,335,000 shares of NINE after the transaction. In another insider transaction, MONROE WILLIAM bought 260,000 shares at $1.24 per share on Nov 21 ’24. Company shares held by the 10% Owner now total 4,860,000.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, NINE has a high of $3.26 and a low of $0.75.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. NINE’s latest balance sheet shows that the firm has $21.51M in Cash & Short Term Investments as of fiscal 2021. There were $372.07M in debt and $56.45M in liabilities at the time. Its Book Value Per Share was -$1.36, while its Total Shareholder’s Equity was -$39.27M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NINE is Buy with a score of 3.00.

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