Nuverra Environmental Solutions (NYSEAMERICAN:NES) Trading 11.4% Higher – Should You Buy?

Shares of Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NES) rose 11.4% during mid-day trading on Tuesday . The company traded as high as $2.23 and last traded at $2.15. Approximately 249,200 shares were traded during trading, a decline of 78% from the average daily volume of 1,113,275 shares. The stock had previously closed at $1.93.

Nuverra Environmental Solutions Trading Up 11.4%

The stock has a fifty day moving average of $2.15 and a 200-day moving average of $2.15. The company has a market cap of $34.40 million, a PE 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.

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.