National Energy Services Reunited Corp. (NASDAQ:NESR - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $8.80, but opened at $8.50. National Energy Services Reunited shares last traded at $8.65, with a volume of 5,073 shares traded.
National Energy Services Reunited Stock Down 1.7 %
The business has a 50 day simple moving average of $7.97 and a 200-day simple moving average of $6.65.
Hedge Funds Weigh In On National Energy Services Reunited
Large investors have recently modified their holdings of the company. Quarry LP raised its holdings in shares of National Energy Services Reunited by 1,641.3% in the 1st quarter. Quarry LP now owns 8,132 shares of the company's stock worth $43,000 after purchasing an additional 7,665 shares during the period. Quantbot Technologies LP raised its holdings in shares of National Energy Services Reunited by 48.0% in the 1st quarter. Quantbot Technologies LP now owns 5,772 shares of the company's stock worth $48,000 after purchasing an additional 1,872 shares during the period. State of Wyoming purchased a new position in shares of National Energy Services Reunited in the 4th quarter worth about $54,000. Public Employees Retirement System of Ohio purchased a new stake in shares of National Energy Services Reunited during the 1st quarter valued at about $65,000. Finally, Barclays PLC raised its holdings in shares of National Energy Services Reunited by 79.5% during the 4th quarter. Barclays PLC now owns 10,243 shares of the company's stock valued at $71,000 after buying an additional 4,536 shares during the period. 15.55% of the stock is currently 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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