Mammoth Energy Services (TUSK) to Release Quarterly Earnings on Friday

Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) is expected to release its earnings data before the market opens on Friday, March 7th. Analysts expect Mammoth Energy Services to post earnings of ($0.01) per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Mammoth Energy Services Stock Down 11.0 %

Shares of TUSK traded down $0.27 during midday trading on Monday, reaching $2.18. 73,120 shares of the stock were exchanged, compared to its average volume of 67,818. The company has a market capitalization of $104.92 million, a P/E ratio of -0.52 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 52 week low of $2.18 and a 52 week high of $4.94. The company's 50 day moving average is $2.94 and its two-hundred day moving average is $3.48.

Analyst Upgrades and Downgrades

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.

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Institutional Trading of Mammoth Energy Services

An institutional investor recently raised its position in Mammoth Energy Services stock. Bank of America Corp DE lifted its stake in Mammoth Energy Services, Inc. (NASDAQ:TUSK - Free Report) by 45.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,882 shares of the energy company's stock after acquiring an additional 7,192 shares during the period. Bank of America Corp DE's holdings in Mammoth Energy Services were worth $69,000 at the end of the most recent quarter. 79.67% of the stock is owned by institutional investors and hedge funds.

Mammoth Energy Services Company Profile

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.