Nuverra Environmental Solutions (NYSEAMERICAN:NES) Stock Price Up 11.4% – Time to Buy?

Shares of Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NESGet Free Report) traded up 11.4% during mid-day trading on Wednesday . The company traded as high as $2.23 and last traded at $2.15. 249,200 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 1,113,275 shares. The stock had previously closed at $1.93.

Nuverra Environmental Solutions Price Performance

The company has a quick ratio of 1.40, a current ratio of 1.54 and a debt-to-equity ratio of 0.22. The firm has a market cap of $34.40 million, a P/E ratio of -1.32 and a beta of 1.43. The business has a fifty day moving average of $2.15 and a 200 day moving average of $2.15.

Nuverra Environmental Solutions Company Profile

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Nuverra Environmental Solutions, Inc provides integrated environmental services to upstream oil and gas producers, with a primary focus on comprehensive water and waste?management solutions. The company’s core offerings include fluid handling and disposal, water treatment and recycling, industrial cleaning, and site remediation services. By combining fixed?site facilities with a mobile fleet, Nuverra helps operators manage produced water, drilling waste and other byproducts throughout the well-life cycle.

Nuverra’s service platform features both proprietary and third-party treatment technologies designed to reduce disposal volumes and lower overall water-handling costs.

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