Mammoth Energy Services (TUSK) to Release Quarterly Earnings on Friday

Mammoth Energy Services (NASDAQ:TUSK) is expected to announce its earnings results before the market opens on Friday, March 7th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Mammoth Energy Services Price Performance

Shares of NASDAQ:TUSK opened at $2.16 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.13 and a current ratio of 2.25. The firm has a fifty day moving average price of $2.91 and a 200 day moving average price of $3.46. Mammoth Energy Services has a fifty-two week low of $2.03 and a fifty-two week high of $4.94. The firm has a market cap of $103.95 million, a price-to-earnings ratio of -0.52 and a beta of 1.57.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a research note on Friday, December 27th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Mammoth Energy Services stock. Bank of America Corp DE grew its position in Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 45.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,882 shares of the energy company’s stock after buying an additional 7,192 shares during the period. Bank of America Corp DE’s holdings in Mammoth Energy Services were worth $69,000 at the end of the most recent quarter. Institutional investors own 79.67% of the company’s stock.

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.