Mammoth Energy Services, Inc. (NASDAQ:TUSK - Get Free Report) Director Corey J. Booker sold 5,000 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $3.21, for a total transaction of $16,050.00. Following the sale, the director now owns 157,197 shares of the company's stock, valued at $504,602.37. This trade represents a 3.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Mammoth Energy Services Price Performance
Mammoth Energy Services stock opened at $3.49 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.25 and a quick ratio of 2.13. The business has a 50 day simple moving average of $4.03 and a 200-day simple moving average of $3.72. Mammoth Energy Services, Inc. has a 12 month low of $2.50 and a 12 month high of $4.95. The stock has a market capitalization of $167.97 million, a PE ratio of -0.85 and a beta of 1.69.
Mammoth Energy Services (NASDAQ:TUSK - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The energy company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.49). Mammoth Energy Services had a negative net margin of 105.49% and a negative return on equity of 53.85%. The firm had revenue of $40.02 million during the quarter. During the same quarter in the prior year, the company earned ($0.02) earnings per share.
Institutional Inflows and Outflows
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Large investors have recently added to or reduced their stakes in the company. Barclays PLC boosted its holdings 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 purchasing an additional 22,503 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Mammoth Energy Services by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 528,850 shares of the energy company's stock worth $2,163,000 after buying an additional 9,852 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Mammoth Energy Services in the 3rd quarter valued at approximately $53,000. Wellington Management Group LLP purchased a new stake in shares of Mammoth Energy Services in the third quarter valued at approximately $197,000. Finally, State Street Corp boosted its stake in shares of Mammoth Energy Services by 1.4% in the third quarter. State Street Corp now owns 403,688 shares of the energy company's stock valued at $1,651,000 after buying an additional 5,400 shares in the last quarter. 79.67% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, StockNews.com raised Mammoth Energy Services from a "sell" rating to a "hold" rating in a research note on Monday, November 4th.
View Our Latest Analysis on TUSK
About Mammoth Energy Services
(
Get Free Report)
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.
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