Nuverra Environmental Solutions, Inc. (NES) Stock: Seeing Gains In Today’s Session

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Nuverra Environmental Solutions, Inc. (NES) is working its way for to the top in the market today. The stock, focused in the service space, is currently trading at $4.52 after a move up of 6.60% so far today. In terms of service stocks, there are several factors that have the ability to generate movement in the market. One of the most common is news. Here are the recent trending headlines centered around NES:

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May-08-19 04:30PM Nuverra Announces First Quarter 2019 Results
May-02-19 04:30PM Nuverra Schedules First Quarter 2019 Earnings Release and Investor Conference Call
Apr-11-19 04:30PM Nuverra Announces 2019 Annual Meeting Date
Mar-11-19 04:30PM Nuverra Announces Fourth Quarter and Full Year 2018 Results
Feb-25-19 04:30PM Nuverra Schedules Fourth Quarter 2018 Earnings Release and Investor Conference Call

Nonetheless, any time investors are making a decision with regard to investing, prospective investors should focus on much more than news, this is especially the case in the ever complex service sector. Here’s what’s happening with Nuverra Environmental Solutions, Inc..

The Performance That We’ve Seen From NES

While a single session gain, like the gain that we’re seeing from Nuverra Environmental Solutions, Inc. may make some investors upset, a single session fall alone should not be the reason for a decision to, or not to, invest in a stock. It’s always smart to take a look at trends further out than a single trading day. As it relates to NES, here are the returns that investors have seen:

  • Past 7 Days – Throughout the last five trading sessions, NES has produced a price change that amounts to 6.35%.
  • Past Month – The ROI from Nuverra Environmental Solutions, Inc. over the past 30 days works out to -35.61%.
  • Quarterly – In the last 3 months, the stock has produced a return on investment that works out to -48.93%
  • Past 6 Months – Throughout the last six months, we have seen a performance that amounts to -54.30% from the stock.
  • Year To Date – Since the the last trading session of last year NES has resulted in a return of -44.88%.
  • Full Year – Finally, throughout the last year, we’ve seen a change in the amount of -52.12% from NES. In this period, the stock has sold at a high of -67.83% and a low of 20.86%.

Ratios Worth Watching

Digging into a few ratios associated with a company can give traders a look of how risky and/or rewarding a pick may be. Here are a few of the key ratios to look at when looking at NES.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the amount of short interest. As the short ratio climbs, it shows that more investors are expecting that the stock is going to climb. Throughout the sector, strong service sector stocks tend to have a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the sector. Nonetheless, as it relates to Nuverra Environmental Solutions, Inc., the stock’s short ratio comes to 4.71.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts as they mature with only current assets or quick assets. do have good quick and current ratios. When it comes to NES, the quick and current ratios add up to 1.50 and 1.60 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. In this particular case, that ratio works out to 14.27.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the price of shares. In this case, the cash to share value is 0.25.

Investors Tend To Follow The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in NES, here’s what we’re seeing:

  • Institutional Investors – Currently, institutions own 93.30% of the company. On the other hand, it is worth noting that institutional ownership has changed in the amount of 12.15% throughout the last 3 months.
  • Insiders – as it relates to insiders, members of the management team and others close to NES currently hold 0.50% of Nuverra Environmental Solutions, Inc.. Insider ownership of the company has moved 0 in the last quarter.

How Analysts Feel About Nuverra Environmental Solutions, Inc.

While it’s rarely a good idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a smart idea to consider their thoughts to validate your own due diligence before making an investment decision in the service industry. Below you’ll find the most recent moves that we have seen from analysts with regard to NES.

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Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, NES has generated revenue in the amount of $-17.80% with earnings coming in at 1.80%. On a quarter over quarter basis, earnings have seen movement of 85.10% and revenue has seen movement of -14.30%.

How Many Shares Of NES Are Available?

Investors seem to be interested in the counts of shares both outstanding and available. As it relates to Nuverra Environmental Solutions, Inc., currently there are 15.30M with a float of 8.07M. This means that out of the total of 15.30M shares of NES currently in existence today, 8.07M are able to be traded by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NES, the short percent of the float is 0.46%.

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