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

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

Nuverra Environmental Solutions Trading Up 11.4 %

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

About Nuverra Environmental Solutions

(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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