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

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

Mammoth Energy Services Trading Down 16.5 %

TUSK traded down $0.73 on Friday, hitting $3.68. 167,215 shares of the company were exchanged, compared to its average volume of 90,703. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.45 and a current ratio of 2.57. The firm has a fifty day simple moving average of $4.10 and a two-hundred day simple moving average of $3.69. The stock has a market capitalization of $176.88 million, a PE ratio of -1.01 and a beta of 1.69. Mammoth Energy Services has a 12 month low of $2.50 and a 12 month high of $4.95.

Analyst Upgrades and Downgrades

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.