Nine Energy Service Inc’s filing revealed that its Officer MOORE THEODORE R. acquired Company’s shares for reported $27758.0 on May 12 ’25. In the deal valued at $0.73 per share,38,017 shares were bought.
Then, MOORE THEODORE R. sold 9,035 shares, generating $5,864 in total proceeds. Upon selling the shares at $0.65, the insider now owns 140,623 shares.
Before that, Crombie David sold 12,895 shares. Nine Energy Service Inc shares valued at $8,369 were divested by the insider at a price of $0.65 per share. As a result of the transaction, Crombie David now holds 217,066 shares, worth roughly $0.15 million.
Citigroup upgraded its Nine Energy Service Inc [NINE] rating to a Neutral from a a Sell in a research note published on December 15, 2020; the price target was increased to $3 from $1. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in mid May from “an Overweight” to “a Neutral”. Goldman also remained covering NINE and has decreased its forecast on March 27, 2020 with a “Neutral” recommendation from previously “Buy” rating. Wells Fargo revised its rating on March 13, 2020. It rated NINE as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of NINE
On Monday, Nine Energy Service Inc [NYSE:NINE] saw its stock jump 2.33% to $0.69. Over the last five days, the stock has lost -11.95%. Nine Energy Service Inc shares have fallen nearly -38.01% since the year began. Nevertheless, the stocks have fallen -65.46% over the past one year. While a 52-week high of $2.07 was reached on 01/22/25, a 52-week low of $0.60 was recorded on 05/07/25. SMA at 50 days reached $0.9790, while 200 days put it at $1.1771.
Levels Of Support And Resistance For NINE Stock
The 24-hour chart illustrates a support level at 0.6661, which if violated will result in even more drops to 0.6379. On the upside, there is a resistance level at 0.7364. A further resistance level may holdings at 0.7785. The Relative Strength Index (RSI) on the 14-day chart is 37.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0840, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.75%. Stochastics %K at 29.15% indicates the stock is a holding.
