National Energy Services Reunited (NASDAQ:NESR - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $339.84 million for the quarter.
NESR opened at $7.72 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.10 and a quick ratio of 0.91. The company's 50 day simple moving average is $8.98 and its two-hundred day simple moving average is $9.01. National Energy Services Reunited has a 1-year low of $7.40 and a 1-year high of $10.30.
Several analysts have recently commented on the stock. JPMorgan Chase & Co. started coverage on shares of National Energy Services Reunited in a research report on Friday, December 6th. They set an "overweight" rating and a $13.00 price target on the stock. Barclays reissued an "overweight" rating and issued a $16.00 target price on shares of National Energy Services Reunited in a research report on Friday, January 31st. Finally, Benchmark started coverage on National Energy Services Reunited in a research report on Tuesday, January 21st. They issued a "buy" rating and a $15.00 target price on the stock.
Check Out Our Latest Analysis on National Energy Services Reunited
National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region. 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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