National Energy Services Reunited (NASDAQ:NESR) Shares Down 5.6%

National Energy Services Reunited Corp. (NASDAQ:NESR) shares were down 5.6% on Thursday . The company traded as low as $8.50 and last traded at $8.50. Approximately 23,741 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 130,311 shares. The stock had previously closed at $9.00.

National Energy Services Reunited Stock Performance

The stock has a 50 day moving average of $9.28 and a two-hundred day moving average of $8.77. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.02 and a quick ratio of 0.83.

National Energy Services Reunited Company Profile

National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and internationally. The company's Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline and industrial services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems.