Nuverra Environmental Solutions (NYSEAMERICAN:NES) Shares Up 11.4% – Here’s Why

Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NES) traded up 11.4% during trading on Tuesday . The stock traded as high as $2.23 and last traded at $2.15. 249,200 shares were traded during 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 stock has a market capitalization of $34.40 million, a P/E ratio of -1.32 and a beta of 1.43. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.40 and a current ratio of 1.54. The business has a fifty day simple moving average of $2.15 and a 200-day simple moving average of $2.15.

About Nuverra Environmental Solutions

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.