National Energy Services Reunited (NASDAQ:NESR) Shares Up 6% – What’s Next?

National Energy Services Reunited Corp. (NASDAQ:NESR) shares shot up 6% during trading on Friday . The stock traded as high as $9.20 and last traded at $9.00. 5,074 shares traded hands during trading, a decline of 96% from the average session volume of 112,932 shares. The stock had previously closed at $8.49.

National Energy Services Reunited Price Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.07 and a quick ratio of 0.89. The business’s 50-day moving average price is $9.14 and its two-hundred day moving average price is $9.25.

National Energy Services Reunited (NASDAQ:NESR) last announced its quarterly earnings data on Thursday, August 29th. The company reported $0.29 earnings per share for the quarter. The company had revenue of $324.97 million during the quarter.

About National Energy Services Reunited

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.