Mammoth Energy Services (TUSK) to Release Earnings on Thursday

Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) is projected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Mammoth Energy Services to post earnings of ($0.01) per share for the quarter.

Mammoth Energy Services Stock Down 4.6 %

Shares of TUSK traded down $0.13 on Friday, reaching $2.69. The company's stock had a trading volume of 63,948 shares, compared to its average volume of 46,159. The stock has a market capitalization of $129.47 million, a PE ratio of -0.65 and a beta of 1.57. 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 has a twelve month low of $2.50 and a twelve month high of $4.94. The firm has a fifty day moving average of $2.98 and a 200-day moving average of $3.53.

Insider Buying and Selling

In other Mammoth Energy Services news, Director Corey J. Booker sold 15,000 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $3.47, for a total transaction of $52,050.00. Following the completion of the transaction, the director now owns 125,488 shares in the company, valued at $435,443.36. This trade represents a 10.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.44% of the stock is currently owned by insiders.

Institutional Trading of Mammoth Energy Services

A hedge fund recently raised its stake in Mammoth Energy Services stock. Bank of America Corp DE raised its holdings in shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK - Free Report) by 45.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,882 shares of the energy company's stock after acquiring an additional 7,192 shares during the quarter. Bank of America Corp DE's holdings in Mammoth Energy Services were worth $69,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 79.67% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Mammoth Energy Services from a "sell" rating to a "hold" rating in a research report on Friday, December 27th.

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.