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

by · The Markets Daily

Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NES – Get Free Report)’s stock price traded up 11.4% on Wednesday. The company traded as high as $2.23 and last traded at $2.15. Approximately 249,200 shares changed hands during mid-day 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 Stock Up 11.4%

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.54 and a quick ratio of 1.40. The firm has a market capitalization of $34.40 million, a P/E ratio of -1.32 and a beta of 1.43. The firm’s fifty day moving average price is $2.15 and its 200-day moving average price is $2.15.

About Nuverra Environmental Solutions

(Get Free Report)

Nuverra Environmental Solutions, Inc was an environmental services company that provided water management and related services to the North American oil and natural gas industry. Its operations focused on helping energy producers source, transport, store, treat, recycle and dispose of water used in drilling and hydraulic fracturing activities.

The company’s services included freshwater sourcing and delivery, produced-water and flowback management, wastewater treatment, water recycling, logistics and disposal through permitted facilities and saltwater disposal wells.

See Also