Nuverra Environmental Solutions (NYSEAMERICAN:NES) Stock Price Up 11.4% – Time to Buy?

Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NESGet Free Report)’s share price shot up 11.4% during mid-day trading on Wednesday . The stock traded as high as $2.23 and last traded at $2.15. Approximately 249,200 shares traded hands during trading, a decline of 78% from the average session volume of 1,113,275 shares. The stock had previously closed at $1.93.

Nuverra Environmental Solutions Price Performance

The firm has a market cap of $34.40 million, a P/E ratio of -1.32 and a beta of 1.43. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.40 and a current ratio of 1.54.

Nuverra Environmental Solutions Company Profile

(Get Free Report)

Nuverra Environmental Solutions, Inc engages in the development and ongoing production of oil and natural gas from shale formations. It operates through the following segments: Rocky Mountain, Northeast, Southern, and Corporate and Other. The Rocky Mountain segment includes the Bakken shale area. The Northeast segment is comprised of the Marcellus and Utica shale areas.

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