Mammoth Energy Services, Inc. (NASDAQ:TUSK) Shares Purchased by Royce & Associates LP

Royce & Associates LP boosted its holdings in Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 7.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,449,922 shares of the energy company’s stock after acquiring an additional 98,698 shares during the period. Royce & Associates LP’s holdings in Mammoth Energy Services were worth $4,350,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC grew its stake in Mammoth Energy Services by 32.7% in the 3rd quarter. FMR LLC now owns 10,967 shares of the energy company’s stock valued at $45,000 after acquiring an additional 2,705 shares during the last quarter. XTX Topco Ltd acquired a new stake in Mammoth Energy Services in the 3rd quarter valued at about $53,000. Wellington Management Group LLP acquired a new stake in Mammoth Energy Services in the 3rd quarter valued at about $197,000. Barclays PLC grew its stake in Mammoth Energy Services by 65.1% in the 3rd quarter. Barclays PLC now owns 57,081 shares of the energy company’s stock valued at $233,000 after acquiring an additional 22,503 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Mammoth Energy Services by 11.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 70,674 shares of the energy company’s stock valued at $212,000 after acquiring an additional 7,064 shares during the last quarter. 79.67% of the stock is owned by institutional investors and hedge funds.

Mammoth Energy Services Price Performance

Mammoth Energy Services stock opened at $2.14 on Thursday. Mammoth Energy Services, Inc. has a 12-month low of $1.91 and a 12-month high of $4.94. The stock has a market capitalization of $102.99 million, a P/E ratio of -0.52 and a beta of 1.53. The firm’s 50-day moving average is $2.74 and its two-hundred day moving average is $3.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.25 and a quick ratio of 2.13.

Mammoth Energy Services (NASDAQ:TUSK) last released its quarterly earnings results on Friday, March 7th. The energy company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.31). Mammoth Energy Services had a negative return on equity of 53.85% and a negative net margin of 105.49%. The firm had revenue of $53.20 million for the quarter, compared to analyst estimates of $39.50 million.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a research note on Friday, December 27th.

About Mammoth Energy Services

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.