The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Nine Energy Service Inc shares valued at $12,973 were sold by Crombie David on May 15 ’25. At $0.62 per share, Crombie David sold 20,857 shares. The insider’s holdings dropped to 219,996 shares worth approximately $0.17 million following the completion of this transaction.
Also, MOORE THEODORE R. sold 11,530 shares, netting a total of over 8,059 in proceeds. Following the sale of shares at $0.70 each, the insider now holds 136,873 shares.
Before that, Crombie David had added 20,857 shares to its account. In a trade valued at $12,976, the Officer bought Nine Energy Service Inc shares for $0.62 each.
As published in a research note from Citigroup on December 15, 2020, Nine Energy Service Inc [NINE] has been rated up from a Sell to a Neutral and the price target has been revised to $3 from $1. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid May. As of March 27, 2020, Goldman has decreased its “Buy” rating to a “Neutral” for NINE. Earlier on March 13, 2020, Wells Fargo downgraded its rating. Their new recommendation was “an Underweight” for NINE stock which previously was a “an Equal weight”.
Analyzing NINE Stock Performance
On last trading session,, Nine Energy Service Inc [NYSE: NINE] plunged -6.84% to $0.76. The stock’s lowest price that day was $0.7538, but it reached a high of $0.8595 in the same session. During the last five days, there has been a drop of approximately -32.98%. Over the course of the year, Nine Energy Service Inc shares have dropped approximately -52.25%. Shares of the company reached a 52-week high of $1.7800 on 01/22/25 and a 52-week low of $0.4400 on 06/02/25.
Support And Resistance Levels for Nine Energy Service Inc (NINE)
According to the 24-hour chart, there is a support level at 0.7189, which, if violated, would cause prices to drop to 0.6738. In the upper region, resistance lies at 0.8343. The next price resistance is at 0.9046. RSI (Relative Strength Index) is 51.31 on the 14-day chart, showing neutral technical sentiment.
Is Nine Energy Service Inc subject to short interest?
Stocks of Nine Energy Service Inc saw a sharp steep in short interest on 2025-06-13 dropping by 85697.0 shares to 2.77 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 2.86 million shares. A decline of -3.09% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.85 of the overall float, the days-to-cover ratio (short ratio) decline to 0.85.
Which companies own the most shares of Nine Energy Service Inc (NINE)?
In terms of Nine Energy Service Inc share price expectations, FactSet research, analysts set an average price target of 18 in the next 12 months, up nearly 2095.12% from the previous closing price of $0.82. Analysts anticipate Nine Energy Service Inc stock to reach 18 by 2025, with the lowest price target being 18. In spite of this, 1 analysts ranked Nine Energy Service Inc stock as Buy at the end of 2025.
