The stock price of Nine Energy Service Inc (NYSE: NINE) has jumped by 19.27 compared to previous close of 1.09. Despite this, the company has seen a gain of 19.27% in its stock price over the last five trading days. seekingalpha.com reported 2025-03-06 that Nine Energy Service, Inc (NYSE:NINE ) Q4 2024 Results Conference Call March 6, 2025 10:00 AM ET Company Participants Heather Schmidt – Vice President, Strategic Development, Investor Relations & Marketing Ann Fox – President & Chief Executive Officer Guy Sirkes – Senior Vice President & Chief Financial Officer Conference Call Participants John Daniel – Daniel Energy Partners Waqar Syed – ATB Capital Markets Operator Greetings, and welcome to Nine Energy Service Earnings Conference Call for the Fourth Quarter and Full Year 2024. [Operator Instructions] I would now like to turn this conference over to your host, Heather Schmidt, Senior Vice President of Strategic Development and IR.
Is It Worth Investing in Nine Energy Service Inc (NYSE: NINE) Right Now?
Moreover, the 36-month beta value for NINE is 3.17. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 1 as “sell.”
The public float for NINE is 30.69M and currently, short sellers hold a 10.73% of that float. On March 10, 2025, NINE’s average trading volume was 1.74M shares.
NINE’s Market Performance
The stock of Nine Energy Service Inc (NINE) has seen a 19.27% increase in the past week, with a 13.04% rise in the past month, and a -23.08% fall in the past quarter. The volatility ratio for the week is 13.89%, and the volatility levels for the past 30 days are at 9.27% for NINE. The simple moving average for the past 20 days is 12.07% for NINE’s stock, with a -2.40% simple moving average for the past 200 days.
Analysts’ Opinion of NINE
Many brokerage firms have already submitted their reports for NINE stocks, with Citigroup repeating the rating for NINE by listing it as a “Neutral.” The predicted price for NINE in the upcoming period, according to Citigroup is $3 based on the research report published on December 15, 2020 of the previous year 2020.
Goldman gave a rating of “Neutral” to NINE, setting the target price at $1.25 in the report published on March 27th of the previous year.
NINE Trading at 7.61% from the 50-Day Moving Average
After a stumble in the market that brought NINE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.12% of loss for the given period.
Volatility was left at 9.27%, however, over the last 30 days, the volatility rate increased by 13.89%, as shares surge +17.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.00% upper at present.
During the last 5 trading sessions, NINE rose by +19.27%, which changed the moving average for the period of 200-days by -30.48% in comparison to the 20-day moving average, which settled at $1.1600. In addition, Nine Energy Service Inc saw 16.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NINE starting from Sirkes Guy, who sale 35,380 shares at the price of $1.67 back on Dec 03 ’24. After this action, Sirkes Guy now owns 156,966 shares of Nine Energy Service Inc, valued at $59,155 using the latest closing price.
Sirkes Guy, the Officer of Nine Energy Service Inc, proposed sale 35,380 shares at $1.67 during a trade that took place back on Dec 03 ’24, which means that Sirkes Guy is holding shares at $59,148 based on the most recent closing price.
Stock Fundamentals for NINE
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.11 for the gross margin
The net margin for Nine Energy Service Inc stands at -0.07. The total capital return value is set at 0.03.
Based on Nine Energy Service Inc (NINE), the company’s capital structure generated 1.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at -5.43. The interest coverage ratio of the stock is 0.18.
Currently, EBITDA for the company is 8.94 million with net debt to EBITDA at 6.98. When we switch over and look at the enterprise to sales, we see a ratio of 0.7. The receivables turnover for the company is 6.8for trailing twelve months and the total asset turnover is 1.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.09.
Conclusion
To wrap up, the performance of Nine Energy Service Inc (NINE) has been mixed in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
