Nuverra Environmental Solutions (NYSEAMERICAN:NES) Trading Up 11.4% – Here’s What Happened

Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NESGet Free Report) shot up 11.4% during mid-day trading on Thursday . The stock traded as high as $2.23 and last traded at $2.15. 249,200 shares traded 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 Performance

The company has a current ratio of 1.54, a quick ratio of 1.40 and a debt-to-equity ratio of 0.22. The company has a market cap of $34.40 million, a PE ratio of -1.32 and a beta of 1.43.

Nuverra Environmental Solutions Company Profile

(Get Free Report)

Nuverra Environmental Solutions, Inc engages in the development and ongoing production of oil and natural gas from shale formations. It operates through the following segments: Rocky Mountain, Northeast, Southern, and Corporate and Other. The Rocky Mountain segment includes the Bakken shale area. The Northeast segment is comprised of the Marcellus and Utica shale areas.

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