Shares of National Energy Services Reunited Corp. (NASDAQ:NESR - Get Free Report) saw strong trading volume on Tuesday . 294,301 shares changed hands during mid-day trading, an increase of 141% from the previous session's volume of 122,300 shares.The stock last traded at $9.70 and had previously closed at $9.45.
National Energy Services Reunited Stock Performance
The firm has a 50 day simple moving average of $9.19 and a 200-day simple moving average of $9.28. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.07 and a quick ratio of 0.89.
National Energy Services Reunited (NASDAQ:NESR - Get Free Report) last posted its quarterly earnings results on Thursday, August 29th. The company reported $0.29 earnings per share for the quarter. The business had revenue of $324.97 million during the quarter.
National Energy Services Reunited Company Profile
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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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