Corey J. Booker Sells 3,494 Shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK) Stock

Mammoth Energy Services, Inc. (NASDAQ:TUSK) Director Corey J. Booker sold 3,494 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $3.61, for a total value of $12,613.34. Following the transaction, the director now owns 172,904 shares in the company, valued at $624,183.44. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Mammoth Energy Services Stock Up 1.4 %

Shares of TUSK opened at $3.51 on Thursday. The company’s 50-day simple moving average is $4.08 and its 200-day simple moving average is $3.72. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.13 and a current ratio of 2.25. Mammoth Energy Services, Inc. has a 1 year low of $2.50 and a 1 year high of $4.95. The stock has a market capitalization of $168.93 million, a PE ratio of -0.85 and a beta of 1.69.

Mammoth Energy Services (NASDAQ:TUSK) last released its earnings results on Friday, November 1st. The energy company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.49). Mammoth Energy Services had a negative return on equity of 53.85% and a negative net margin of 105.49%. The business had revenue of $40.02 million for the quarter. During the same quarter in the previous year, the business posted ($0.02) EPS.

Institutional Trading of Mammoth Energy Services

Several hedge funds have recently modified their holdings of the stock. Empowered Funds LLC grew its stake in Mammoth Energy Services by 8.0% during the 1st quarter. Empowered Funds LLC now owns 73,423 shares of the energy company’s stock worth $267,000 after purchasing an additional 5,425 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Mammoth Energy Services by 55.8% in the 1st quarter. BNP Paribas Financial Markets now owns 11,265 shares of the energy company’s stock valued at $41,000 after buying an additional 4,035 shares during the period. Vanguard Group Inc. grew its position in shares of Mammoth Energy Services by 2.5% during the first quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company’s stock worth $2,635,000 after buying an additional 17,369 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Mammoth Energy Services by 6.9% during the second quarter. Bank of New York Mellon Corp now owns 166,591 shares of the energy company’s stock worth $546,000 after buying an additional 10,796 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Mammoth Energy Services in the third quarter valued at approximately $42,000. 79.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Mammoth Energy Services from a “sell” rating to a “hold” rating in a report on Monday, November 4th.

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.