National Energy Services Reunited Corp. (NASDAQ:NESR - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $8.10, but opened at $8.40. National Energy Services Reunited shares last traded at $8.40, with a volume of 152 shares.
National Energy Services Reunited Stock Up 4.3 %
The stock has a 50 day simple moving average of $7.77 and a 200-day simple moving average of $6.41.
Institutional Trading of National Energy Services Reunited
A number of large investors have recently added to or reduced their stakes in the company. FMR LLC increased its stake in National Energy Services Reunited by 3.1% in the 1st quarter. FMR LLC now owns 5,128,341 shares of the company's stock worth $26,975,000 after acquiring an additional 156,002 shares during the last quarter. BlackRock Inc. increased its position in shares of National Energy Services Reunited by 0.8% during the 1st quarter. BlackRock Inc. now owns 1,982,267 shares of the company's stock valued at $16,650,000 after purchasing an additional 15,415 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of National Energy Services Reunited by 15.2% during the 1st 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 last quarter. Invesco Ltd. increased its position in shares of National Energy Services Reunited by 2.2% during the 1st quarter. Invesco Ltd. now owns 780,843 shares of the company's stock valued at $6,559,000 after purchasing an additional 16,902 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of National Energy Services Reunited by 17.2% during the 4th quarter. AQR Capital Management LLC now owns 744,472 shares of the company's stock valued at $5,167,000 after purchasing an additional 109,023 shares during the last quarter. Institutional investors own 15.55% of the company's stock.
National Energy Services Reunited Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider National Energy Services Reunited, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Energy Services Reunited wasn't on the list.
While National Energy Services Reunited currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
