National Energy Services Reunited Corp. (NASDAQ:NESR - Get Free Report) saw an uptick in trading volume on Thursday . 351,083 shares were traded during trading, an increase of 89% from the previous session's volume of 185,778 shares.The stock last traded at $8.99 and had previously closed at $8.95.
National Energy Services Reunited Stock Performance
The business's 50 day simple moving average is $8.08 and its 200 day simple moving average is $6.70.
Institutional Investors Weigh In On National Energy Services Reunited
A number of institutional investors have recently made changes to their positions in NESR. Tejara Capital Ltd acquired a new position in shares of National Energy Services Reunited in the fourth quarter valued at approximately $2,091,000. AQR Capital Management LLC grew its holdings in National Energy Services Reunited by 147.0% during the 2nd quarter. AQR Capital Management LLC now owns 479,767 shares of the company's stock worth $3,253,000 after acquiring an additional 285,555 shares in the last quarter. American Century Companies Inc. grew its holdings in National Energy Services Reunited by 250.7% during the 4th quarter. American Century Companies Inc. now owns 360,207 shares of the company's stock worth $2,500,000 after acquiring an additional 257,490 shares in the last quarter. Soros Fund Management LLC acquired a new position in National Energy Services Reunited during the 1st quarter worth approximately $2,100,000. Finally, Dimensional Fund Advisors LP grew its holdings in 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 worth $7,596,000 after acquiring an additional 190,737 shares in the last quarter. 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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