Nuverra Environmental Solutions (NYSEAMERICAN:NES) Shares Up 11.4% – Should You Buy?

Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NES)’s stock price traded up 11.4% during mid-day trading on Wednesday . The stock traded as high as $2.23 and last traded at $2.15. 249,200 shares traded hands during trading, a decline of 78% from the average session volume of 1,113,275 shares. The stock had previously closed at $1.93.

Nuverra Environmental Solutions Trading Up 11.4 %

The firm has a market capitalization of $34.40 million, a P/E ratio of -1.32 and a beta of 1.43. The company has a quick ratio of 1.40, a current ratio of 1.54 and a debt-to-equity ratio of 0.22.

Nuverra Environmental Solutions Company Profile

Nuverra Environmental Solutions, Inc engages in the development and ongoing production of oil and natural gas from shale formations. It operates through the following segments: Rocky Mountain, Northeast, Southern, and Corporate and Other. The Rocky Mountain segment includes the Bakken shale area. The Northeast segment is comprised of the Marcellus and Utica shale areas.