Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Nine Energy Service, Inc. before investing.

In this article, we go over a few key elements for understanding Nine Energy Service, Inc.’s stock price such as:

• Nine Energy Service, Inc.’s current stock price and volume
• Why Nine Energy Service, Inc.’s stock price changed recently
• Upgrades and downgrades for NINE from analysts
• NINE’s stock price momentum as measured by its relative strength

About Nine Energy Service, Inc. (NINE)

Before we jump into Nine Energy Service, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. It offers cementing services, including blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides open hole and cemented completion tool products, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

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Nine Energy Service, Inc.’s Stock Price as of Market Close

As of January 21, 2025, 3:47 PM, CST, Nine Energy Service, Inc.’s stock price was $1.452.

Nine Energy Service, Inc. is up 23.08% from its previous closing price of $1.180.

During the last market session, Nine Energy Service, Inc.’s stock traded between $1.210 and $1.760. Currently, there are approximately 39.21 million shares outstanding for Nine Energy Service, Inc..

Nine Energy Service, Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Nine Energy Service, Inc. Stock Price History

Nine Energy Service, Inc.’s (NINE) price is currently up 29.67% so far this month.

During the month of January, Nine Energy Service, Inc.’s stock price has reached a high of $1.760 and a low of $0.961.

Over the last year, Nine Energy Service, Inc. has hit prices as high as $3.260 and as low as $0.751. Year to date, Nine Energy Service, Inc.’s stock is up 29.67%.

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What Caused Nine Energy Service, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of January 17, 2025,, no analysts have changed their rating of Nine Energy Service, Inc.’s stock over the last month.

Additionally, you'll want to evaluate Nine Energy Service, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Nine Energy Service, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Nine Energy Service, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Nine Energy Service, Inc. (NINE) by visiting AAII Stock Evaluator.

Relative Price Strength of Nine Energy Service, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of January 17, 2025, Nine Energy Service, Inc. has a weighted four-quarter relative price strength of -11.90%, which translates to a Momentum Score of 22 and is considered to be Weak.

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Nine Energy Service, Inc. Stock Price: Bottom Line

As of January 21, 2025, Nine Energy Service, Inc.’s stock price is $1.452, which is up 23.08% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Nine Energy Service, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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