Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NES) shares dropped 0.5% during mid-day trading on Tuesday . The company traded as low as $1.99 and last traded at $2.03. Approximately 2,895 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 26,604 shares. The stock had previously closed at $2.04.
The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.74 and a current ratio of 1.91. The firm has a market cap of $32.32 million, a PE ratio of -1.24 and a beta of 1.12.
Nuverra Environmental Solutions (NYSEAMERICAN:NES) last issued its quarterly earnings results on Thursday, August 19th. The company reported ($0.41) earnings per share (EPS) for the quarter. The business had revenue of $24.77 million for the quarter. Nuverra Environmental Solutions had a negative return on equity of 20.60% and a negative net margin of 26.77%.
Nuverra Environmental Solutions Company Profile (NYSEAMERICAN:NES)
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 include Bakken shale area. The Northeast segment comprises Marcellus and Utica shale areas.
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