StockNews.com initiated coverage on shares of Mammoth Energy Services (NASDAQ:TUSK – Get Rating) in a research note issued to investors on Thursday. The brokerage issued a buy rating on the energy company’s stock.
Mammoth Energy Services Trading Down 9.1 %
TUSK opened at $4.38 on Thursday. Mammoth Energy Services has a fifty-two week low of $1.62 and a fifty-two week high of $8.79. The firm’s fifty day moving average price is $6.25 and its two-hundred day moving average price is $5.68.
Mammoth Energy Services (NASDAQ:TUSK – Get Rating) last posted its quarterly earnings results on Thursday, February 23rd. The energy company reported $0.10 earnings per share for the quarter. Mammoth Energy Services had a negative net margin of 0.17% and a negative return on equity of 0.14%. The firm had revenue of $102.91 million for the quarter.
Institutional Investors Weigh In On Mammoth Energy Services
Mammoth Energy Services Company Profile
Mammoth Energy Services, Inc engages in the exploration and development of North American onshore unconventional oil and natural gas reserves. It operates through the following segments: Infrastructure, Pressure Pumping, Natural Sand Proppant, Drilling, and Other. The Infrastructure segment offers construction, upgrade, maintenance and, repair services to the electrical infrastructure industry.
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