Royce & Associates LP Has $5.53 Million Stock Holdings in Mammoth Energy Services, Inc. (NASDAQ:TUSK)

Royce & Associates LP increased its stake in Mammoth Energy Services, Inc. (NASDAQ:TUSK - Free Report) by 15.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,351,224 shares of the energy company's stock after acquiring an additional 178,240 shares during the quarter. Royce & Associates LP owned approximately 2.81% of Mammoth Energy Services worth $5,527,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of TUSK. BNP Paribas Financial Markets grew its holdings in shares of Mammoth Energy Services by 55.8% during the first quarter. BNP Paribas Financial Markets now owns 11,265 shares of the energy company's stock valued at $41,000 after buying an additional 4,035 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Mammoth Energy Services during the third quarter valued at $42,000. Bank of New York Mellon Corp grew its holdings in shares of Mammoth Energy Services by 6.9% during the second quarter. Bank of New York Mellon Corp now owns 166,591 shares of the energy company's stock valued at $546,000 after buying an additional 10,796 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Mammoth Energy Services by 2.5% during the first quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company's stock valued at $2,635,000 after buying an additional 17,369 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Mammoth Energy Services by 14.0% during the second quarter. Dimensional Fund Advisors LP now owns 806,280 shares of the energy company's stock valued at $2,645,000 after buying an additional 99,093 shares in the last quarter. 79.67% of the stock is currently owned by institutional investors and hedge funds.

Mammoth Energy Services Stock Down 1.8 %

NASDAQ TUSK traded down $0.06 on Tuesday, reaching $3.19. The stock had a trading volume of 56,147 shares, compared to its average volume of 109,789. The business has a 50 day moving average price of $4.06 and a 200 day moving average price of $3.72. The company has a current ratio of 2.25, a quick ratio of 2.13 and a debt-to-equity ratio of 0.18. Mammoth Energy Services, Inc. has a 1 year low of $2.50 and a 1 year high of $4.95. The company has a market capitalization of $153.53 million, a price-to-earnings ratio of -0.77 and a beta of 1.69.

Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) last issued its earnings results on Friday, November 1st. The energy company reported ($0.50) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.49). Mammoth Energy Services had a negative net margin of 105.49% and a negative return on equity of 53.85%. The firm had revenue of $40.02 million during the quarter. During the same quarter in the prior year, the business earned ($0.02) EPS.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Mammoth Energy Services from a "sell" rating to a "hold" rating in a report on Monday, November 4th.

About Mammoth Energy Services

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.