Renaissance Technologies LLC Has $429,000 Holdings in Mammoth Energy Services, Inc. (NASDAQ:TUSK)

Renaissance Technologies LLC decreased its position in Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 130,672 shares of the energy company’s stock after selling 3,600 shares during the quarter. Renaissance Technologies LLC owned 0.27% of Mammoth Energy Services worth $429,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets raised its holdings in Mammoth Energy Services by 55.8% during the first quarter. BNP Paribas Financial Markets now owns 11,265 shares of the energy company’s stock worth $41,000 after acquiring an additional 4,035 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Mammoth Energy Services by 8.0% in the first quarter. Empowered Funds LLC now owns 73,423 shares of the energy company’s stock valued at $267,000 after buying an additional 5,425 shares during the last quarter. Bank of New York Mellon Corp boosted its position in 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 purchasing an additional 10,796 shares during the period. Vanguard Group Inc. lifted its stake in shares of Mammoth Energy Services by 2.5% during the 1st 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 during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Mammoth Energy Services by 14.0% during the second quarter. Dimensional Fund Advisors LP now owns 806,280 shares of the energy company’s stock worth $2,645,000 after acquiring an additional 99,093 shares during the last quarter. 79.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Mammoth Energy Services from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th.

Mammoth Energy Services Stock Performance

TUSK opened at $4.66 on Friday. The business’s fifty day moving average is $3.89 and its 200-day moving average is $3.60. The firm has a market cap of $224.27 million, a P/E ratio of -9.71 and a beta of 1.68. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.45 and a current ratio of 2.57. Mammoth Energy Services, Inc. has a 52-week low of $2.50 and a 52-week high of $4.95.

Mammoth Energy Services (NASDAQ:TUSK) last released its quarterly earnings data on Friday, August 9th. The energy company reported ($3.25) earnings per share (EPS) for the quarter. Mammoth Energy Services had a negative return on equity of 41.54% and a negative net margin of 82.30%. The company had revenue of $51.53 million for the quarter.

About Mammoth Energy Services

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.