Mammoth Energy Services, Inc. (NASDAQ:TUSK - Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.63 and traded as low as $2.07. Mammoth Energy Services shares last traded at $2.26, with a volume of 106,309 shares.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Mammoth Energy Services from a "sell" rating to a "hold" rating in a research report on Friday, December 27th.
Check Out Our Latest Stock Report on TUSK
Mammoth Energy Services Stock Performance
The company has a current ratio of 2.25, a quick ratio of 2.13 and a debt-to-equity ratio of 0.18. The firm's fifty day moving average price is $2.55 and its two-hundred day moving average price is $3.23. The stock has a market capitalization of $98.66 million, a PE ratio of -0.50 and a beta of 1.53.
Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) last released its quarterly earnings data on Friday, March 7th. The energy company reported ($0.32) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.31). 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 $53.20 million during the quarter, compared to analysts' expectations of $39.50 million.
Hedge Funds Weigh In On Mammoth Energy Services
A number of large investors have recently bought and sold shares of the business. Invesco Ltd. purchased a new position in shares of Mammoth Energy Services during the 4th quarter valued at approximately $30,000. Occudo Quantitative Strategies LP acquired a new position in Mammoth Energy Services during the fourth quarter worth $41,000. Marshall Wace LLP purchased a new position in Mammoth Energy Services during the fourth quarter valued at $42,000. FMR LLC grew its position in shares of Mammoth Energy Services by 32.7% in the third quarter. FMR LLC now owns 10,967 shares of the energy company's stock valued at $45,000 after purchasing an additional 2,705 shares during the period. Finally, PDT Partners LLC purchased a new stake in shares of Mammoth Energy Services during the fourth quarter worth about $46,000. Institutional investors and hedge funds own 79.67% of the company's stock.
Mammoth Energy Services Company Profile
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Get Free Report)
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.
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