Nuverra Environmental Solutions (NYSEAMERICAN:NES) Stock Price Up 11.4% – What’s Next?

Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NESGet Free Report) was up 11.4% during trading on Wednesday . The company traded as high as $2.23 and last traded at $2.15. Approximately 249,200 shares changed 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 Stock Up 11.4%

The firm’s 50-day moving average price is $2.15. The firm has a market cap of $34.40 million, a price-to-earnings ratio of -1.32 and a beta of 1.43. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.54 and a quick ratio of 1.40.

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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