National Energy Services Reunited (NASDAQ:NESR) Now Covered by Analysts at BTIG Research

BTIG Research began coverage on shares of National Energy Services Reunited (NASDAQ:NESR) in a research report report published on Friday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $15.00 price objective on the stock.

National Energy Services Reunited Stock Performance

Shares of NESR opened at $9.56 on Friday. National Energy Services Reunited has a 12-month low of $3.80 and a 12-month high of $10.30. The business has a 50-day simple moving average of $9.24 and a two-hundred day simple moving average of $9.29. The company has a quick ratio of 0.89, a current ratio of 1.07 and a debt-to-equity ratio of 0.35.

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

About National Energy Services Reunited

National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region. 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.