National Energy Services Reunited Corp. (NASDAQ:NESR – Get Free Report) shares dropped 4.4% during mid-day trading on Monday . The stock traded as low as $7.75 and last traded at $8.60. Approximately 37,082 shares were traded during trading, a decline of 80% from the average daily volume of 187,449 shares. The stock had previously closed at $9.00.
National Energy Services Reunited Stock Performance
The firm’s 50 day simple moving average is $8.11 and its 200-day simple moving average is $6.74.
National Energy Services Reunited Company Profile
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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