National Energy Services Reunited (NASDAQ:NESR) Shares Gap Down – What’s Next?

National Energy Services Reunited Corp. (NASDAQ:NESR)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $9.06, but opened at $8.25. National Energy Services Reunited shares last traded at $8.25, with a volume of 537 shares changing hands.

National Energy Services Reunited Stock Down 2.9 %

The company has a quick ratio of 0.89, a current ratio of 1.07 and a debt-to-equity ratio of 0.35. The firm has a fifty day simple moving average of $9.18 and a 200-day simple moving average of $9.23.

National Energy Services Reunited (NASDAQ:NESR) last announced its earnings results on Thursday, August 29th. The company reported $0.29 EPS for the quarter. The company had revenue of $324.97 million for the quarter.

About National Energy Services Reunited

National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and internationally. The company's Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline and industrial services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems.