Zacks Research Upgrades Nine Energy Service (NYSEAMERICAN:NINE) to Hold

Nine Energy Service (NYSEAMERICAN:NINE) was upgraded by research analysts at Zacks Research to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Nine Energy Service Stock Performance

Shares of NINE opened at $10.48 on Tuesday. Nine Energy Service has a fifty-two week low of $10.29 and a fifty-two week high of $10.76.

Nine Energy Service is an oilfield services company that provides completion and production solutions to upstream oil and gas operators. The company focuses on delivering field services and rental equipment used in well completion and production phases of drilling programs. Its client base includes exploration and production companies operating in onshore resource plays.

Nine Energy’s offerings center on specialized equipment and on-site technical services designed to support well completions and ongoing production operations.