BTIG Research started coverage on shares of National Energy Services Reunited (NASDAQ:NESR - Free Report) in a research report report published on Friday morning, Marketbeat reports. The firm issued a buy rating and a $15.00 target price on the stock.
National Energy Services Reunited Price Performance
Shares of NESR stock traded up $0.17 during trading on Friday, reaching $9.56. 619,441 shares of the company's stock traded hands, compared to its average volume of 129,051. The firm's 50-day moving average is $9.21 and its 200 day moving average is $9.28. National Energy Services Reunited has a 1 year low of $3.80 and a 1 year high of $10.30. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.89 and a current ratio of 1.07.
National Energy Services Reunited (NASDAQ:NESR - Get Free Report) last posted its earnings results on Thursday, August 29th. The company reported $0.29 earnings per share (EPS) for the quarter. The company had revenue of $324.97 million for the quarter.
About National Energy Services Reunited
(
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National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region. The company's Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline and industrial services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems.
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