National Energy Services (NESR) Earns Coverage Optimism Rating of 0.22
Press coverage about National Energy Services (NASDAQ:NESR) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. National Energy Services earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the company an impact score of 49.114036783193 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of NASDAQ:NESR opened at $10.96 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.00 and a debt-to-equity ratio of 0.22. National Energy Services has a 12-month low of $9.51 and a 12-month high of $11.73.
Separately, National Bank Financial reiterated an “outperform” rating and set a $15.00 price objective on shares of National Energy Services in a research note on Tuesday, July 31st.
About National Energy Services
National Energy Services Reunited Corp. intends to engage in merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more target businesses. The company was founded in 2017 and is headquartered in Houston, Texas.
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