The price of Nine Energy Service Inc (NYSE:NINE) shares last traded on Wall Street rose 16.26% to $1.43.
NINE stock price is now 19.93% away from the 50-day moving average and -8.35% away from the 200-day moving average. The market capitalization of the company currently stands at $70.43M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $1 to $3, Citigroup Upgraded its rating from Sell to Neutral for Nine Energy Service Inc (NYSE: NINE). , while ‘Goldman’ rates the stock as ‘Neutral’
In other news, Sirkes Guy, insider sold 35,380 shares of the company’s stock on Dec 03 ’24. The stock was sold for $59,155 at an average price of $1.67. Upon completion of the transaction, the insider now directly owns 156,966 shares in the company, valued at $0.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, Officer Sirkes Guy bought 35,380 shares of the business’s stock. A total of $59,148 was incurred on buying the stock at an average price of $1.67. A total of 27.53% of the company’s stock is owned by insiders.
During the past 12 months, Nine Energy Service Inc has had a low of $0.75 and a high of $3.26. The fifty day moving average price for NINE is $1.19238 and a two-hundred day moving average price translates $1.560245 for the stock.
The latest earnings results from Nine Energy Service Inc (NYSE: NINE) was released for 2024-09-30. The company reported revenue of $138.16 million for the quarter, compared to $140.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.75 percent.
