National Energy Services Reunited (NASDAQ:NESR) Reaches New 12-Month High at $8.95

National Energy Services Reunited Corp. (NASDAQ:NESRGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $8.95 and last traded at $8.80, with a volume of 11125 shares. The stock had previously closed at $8.85.

National Energy Services Reunited Price Performance

The firm has a fifty day simple moving average of $7.90 and a 200-day simple moving average of $6.58.

Institutional Trading of National Energy Services Reunited

Institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP increased its position in National Energy Services Reunited by 1,641.3% in the first quarter. Quarry LP now owns 8,132 shares of the company’s stock worth $43,000 after buying an additional 7,665 shares during the last quarter. Quantbot Technologies LP increased its position in National Energy Services Reunited by 48.0% in the first quarter. Quantbot Technologies LP now owns 5,772 shares of the company’s stock worth $48,000 after buying an additional 1,872 shares during the last quarter. State of Wyoming purchased a new stake in National Energy Services Reunited in the fourth quarter worth $54,000. Public Employees Retirement System of Ohio purchased a new stake in National Energy Services Reunited in the first quarter worth $65,000. Finally, Barclays PLC increased its position in National Energy Services Reunited by 79.5% in the fourth quarter. Barclays PLC now owns 10,243 shares of the company’s stock worth $71,000 after buying an additional 4,536 shares during the last quarter. 15.55% of the stock is owned by hedge funds and other institutional investors.

About National Energy Services Reunited

(Get Free Report)

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.

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