National Energy Services Reunited Corp. (NASDAQ:NESR - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $8.55 and last traded at $8.54, with a volume of 115016 shares traded. The stock had previously closed at $8.50.
National Energy Services Reunited Price Performance
The company has a 50 day simple moving average of $7.79 and a 200-day simple moving average of $6.44.
Institutional Trading of National Energy Services Reunited
A number of institutional investors have recently made changes to their positions in NESR. Tejara Capital Ltd purchased a new stake in shares of National Energy Services Reunited during the fourth quarter valued at approximately $2,091,000. AQR Capital Management LLC boosted its stake in shares of National Energy Services Reunited by 147.0% during the second quarter. AQR Capital Management LLC now owns 479,767 shares of the company's stock valued at $3,253,000 after purchasing an additional 285,555 shares during the period. American Century Companies Inc. boosted its stake in shares of National Energy Services Reunited by 250.7% during the fourth quarter. American Century Companies Inc. now owns 360,207 shares of the company's stock valued at $2,500,000 after purchasing an additional 257,490 shares during the period. Soros Fund Management LLC purchased a new stake in shares of National Energy Services Reunited during the first quarter valued at approximately $2,100,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of National Energy Services Reunited by 15.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,444,144 shares of the company's stock valued at $7,596,000 after purchasing an additional 190,737 shares during the period. Hedge funds and other institutional investors own 15.55% of the company's stock.
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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