Mammoth Energy Services (NASDAQ:TUSK) Posts Quarterly Earnings Results

Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) posted its quarterly earnings results on Friday. The energy company reported ($0.50) earnings per share (EPS) for the quarter, RTT News reports. Mammoth Energy Services had a negative return on equity of 41.54% and a negative net margin of 82.30%. The business had revenue of $40.02 million for the quarter. During the same period in the previous year, the company earned ($0.02) earnings per share.

Mammoth Energy Services Stock Performance

Shares of NASDAQ TUSK traded down $0.73 during midday trading on Friday, reaching $3.68. 167,215 shares of the stock were exchanged, compared to its average volume of 90,703. The company has a quick ratio of 2.45, a current ratio of 2.57 and a debt-to-equity ratio of 0.16. The firm has a market cap of $176.88 million, a price-to-earnings ratio of -1.01 and a beta of 1.69. The firm has a 50-day simple moving average of $4.10 and a two-hundred day simple moving average of $3.69. Mammoth Energy Services has a twelve month low of $2.50 and a twelve month high of $4.95.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Mammoth Energy Services from a "hold" rating to a "sell" rating in a report on Thursday, September 5th.

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.