National Energy Services Reunited Corp. (NASDAQ:NESR - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $8.95 and last traded at $8.80, with a volume of 11125 shares changing hands. The stock had previously closed at $8.85.
National Energy Services Reunited Price Performance
The firm has a 50-day simple moving average of $7.84 and a 200 day simple moving average of $6.54.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its stake in shares of National Energy Services Reunited by 10.6% during the first quarter. Ameriprise Financial Inc. now owns 175,036 shares of the company's stock valued at $921,000 after acquiring an additional 16,836 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of National Energy Services Reunited by 29.4% during the first quarter. JPMorgan Chase & Co. now owns 53,840 shares of the company's stock valued at $284,000 after acquiring an additional 12,217 shares in the last quarter. State Street Corp grew its stake in shares of National Energy Services Reunited by 12.6% during the first quarter. State Street Corp now owns 649,829 shares of the company's stock valued at $3,418,000 after acquiring an additional 72,896 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of National Energy Services Reunited by 6.1% during the first quarter. Geode Capital Management LLC now owns 463,813 shares of the company's stock valued at $2,440,000 after acquiring an additional 26,777 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of National Energy Services Reunited by 45.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 67,469 shares of the company's stock valued at $355,000 after acquiring an additional 20,975 shares in the last quarter. 15.55% of the stock is owned by hedge funds and other institutional investors.
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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