National Energy Services Reunited Corp. (NASDAQ:NESR - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $8.95 and last traded at $8.95, with a volume of 136299 shares traded. The stock had previously closed at $8.65.
National Energy Services Reunited Trading Up 3.5 %
The business's 50-day moving average price is $8.01 and its two-hundred day moving average price is $6.67.
Institutional Investors Weigh In On National Energy Services Reunited
A number of hedge funds and other institutional investors have recently made changes to their positions in NESR. Quarry LP raised its holdings in shares of National Energy Services Reunited by 1,641.3% during the first quarter. Quarry LP now owns 8,132 shares of the company's stock worth $43,000 after acquiring an additional 7,665 shares during the period. Quantbot Technologies LP raised its holdings in shares of National Energy Services Reunited by 48.0% during the first quarter. Quantbot Technologies LP now owns 5,772 shares of the company's stock worth $48,000 after acquiring an additional 1,872 shares during the period. State of Wyoming acquired a new stake in shares of National Energy Services Reunited during the fourth quarter worth $54,000. Public Employees Retirement System of Ohio acquired a new stake in shares of National Energy Services Reunited during the first quarter worth $65,000. Finally, Barclays PLC raised its holdings in shares of National Energy Services Reunited by 79.5% during the fourth quarter. Barclays PLC now owns 10,243 shares of the company's stock worth $71,000 after acquiring an additional 4,536 shares during the period. 15.55% of the stock is currently owned by institutional investors and hedge funds.
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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