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

National Energy Services Reunited Corp. (NASDAQ:NESRGet Free Report) gapped down before the market opened 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.

National Energy Services Reunited Price Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.89 and a current ratio of 1.07. The firm’s fifty day moving average price is $9.15 and its 200-day moving average price is $9.23.

National Energy Services Reunited (NASDAQ:NESRGet Free Report) last issued its quarterly earnings data on Thursday, August 29th. The company reported $0.29 earnings per share for the quarter. The firm had revenue of $324.97 million for the quarter.

National Energy Services Reunited Company Profile

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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.

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