National Energy Services Reunited (NASDAQ:NESR - Get Free Report) is expected to release its earnings data before the market opens on Wednesday, March 12th. Analysts expect National Energy Services Reunited to post earnings of $0.30 per share and revenue of $339.84 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
National Energy Services Reunited Stock Performance
NESR traded up $0.20 during mid-day trading on Friday, hitting $7.92. The stock had a trading volume of 220,841 shares, compared to its average volume of 177,062. The stock's fifty day simple moving average is $8.95 and its 200-day simple moving average is $9.00. The company has a current ratio of 1.10, a quick ratio of 0.91 and a debt-to-equity ratio of 0.33. National Energy Services Reunited has a 1-year low of $7.40 and a 1-year high of $10.30.
Analysts Set New Price Targets
A number of equities research analysts recently commented on NESR shares. Benchmark started coverage on shares of National Energy Services Reunited in a report on Tuesday, January 21st. They set a "buy" rating and a $15.00 price objective on the stock. Barclays restated an "overweight" rating and set a $16.00 price objective on shares of National Energy Services Reunited in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. started coverage on shares of National Energy Services Reunited in a report on Friday, December 6th. They set an "overweight" rating and a $13.00 price objective on the stock.
Get Our Latest Stock Analysis on National Energy Services Reunited
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.
Further Reading
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