(NINE) Nine Energy Service - Ratings and Ratios

Nine Energy Service, Inc. (NYSE:NINE) is a specialized provider of onshore completion services focused on supporting the development of unconventional oil and gas resources across North American basins and select international markets. The company offers a comprehensive suite of services and technologies designed to optimize well completion processes. Its cementing services involve the precision blending of high-grade cement, water, and specialized additives to create customized cement slurries that ensure wellbore stability and isolation. The company also manufactures and deploys advanced completion tools, including liner hangers, fracture isolation packers, and frac sleeves, which are critical for efficient hydraulic fracturing operations. Additionally, Nine Energy provides wireline services such as plug-and-perf completions, a method that involves deploying perforating guns and isolation tools to enable multistage well completions in cased-hole wells. Its coiled tubing services utilize a continuous steel pipe to perform wellbore intervention operations, addressing challenges such as well cleaning and stimulation. Formerly known as NSC-Tripoint, Inc., the company rebranded as Nine Energy Service, Inc. in October 2011 and is headquartered in Houston, Texas.

From a technical standpoint, Nine Energy Service, Inc. (NYSE:NINE) is currently trading at $1.09, with a 20-day moving average of $1.15 and a 50-day moving average of $1.20. The stocks 200-day moving average stands at $1.33, indicating a recent downtrend in price. The average true range (ATR) of 0.15 suggests moderate volatility. The stocks average 20-day trading volume is approximately 779,262 shares. On the fundamental side, the company has a market capitalization of $47.87 million, with a price-to-book (P/B) ratio of 5.01 and a price-to-sales (P/S) ratio of 0.09. The return on equity (RoE) is reported at 73.91%, reflecting strong profitability relative to shareholder equity.

3-Month Forecast: Based on the provided data, Nine Energy Service, Inc. (NYSE:NINE) is expected to face headwinds in the near term due to its declining moving averages and the broader challenges in the energy services sector. The stocks short-term resistance is likely to be tested at the $1.20 level, while support may hold around $0.95, based on the ATR of 0.15. The companys high P/B ratio of 5.01 could indicate overvaluation relative to its book value, potentially limiting upside momentum. However, the strong RoE of 73.91% suggests operational efficiency that could support long-term recovery. Market conditions in the oil and gas sector, including commodity prices and drilling activity, will remain key drivers of performance.