Nine Energy Service Inc (NYSE: NINE) May Be Attracting Institutional Investments

After Hours

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.

Stocks Info

Nine Energy Service Inc is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Equipment & Services industry. The current market capitalization of Nine Energy Service Inc is $62.70M. A total of 8.87 million shares were traded on the day, compared to an average of 1.65M 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.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. 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

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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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