National Energy Services Reunited Corp [NASDAQ: NESR] slipped around -0.13 points on Thursday, while shares priced at $6.44 at the close of the session, down -1.98%.
National Energy Services Reunited Corp stock is now -28.44% down from its year-to-date (YTD) trading value. NESR Stock saw the intraday high of $6.7 and lowest of $6.36 per share. The company’s 52-week high price is 9.89, which means current price is +23.85% above from all time high which was touched on 01/22/25.
Compared to the average trading volume of 600.85K shares, NESR reached a trading volume of 300215 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about National Energy Services Reunited Corp [NESR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NESR shares is $12.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NESR stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for National Energy Services Reunited Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 31, 2025. While these analysts kept the previous recommendation, The Benchmark Company raised their target price to Buy. The new note on the price target was released on January 21, 2025, representing the official price target for National Energy Services Reunited Corp stock. Previously, the target price had yet another raise to $13, while JP Morgan analysts kept a Overweight rating on NESR stock.
The Price to Book ratio for the last quarter was 0.67, with the Price to Cash per share for the same quarter was set at 0.82. Price to Free Cash Flow for NESR in the course of the last twelve months was 7.45 with Quick ratio for the last quarter at 0.90.
How has NESR stock performed recently?
National Energy Services Reunited Corp [NESR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.45. With this latest performance, NESR shares gained by 7.87% in over the last four-week period, additionally sinking by -26.73% over the last 6 months – not to mention a drop of -28.12% in the past year of trading.
National Energy Services Reunited Corp [NESR]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and National Energy Services Reunited Corp [NESR] shares currently have an operating margin of 10.25% and a Gross Margin at 14.10%. National Energy Services Reunited Corp’s Net Margin is presently recorded at 5.87%.
Insider trade positions for National Energy Services Reunited Corp [NESR]
There are presently around $49.41%, or 69.46% of NESR stock, in the hands of institutional investors.
