How to Buy Nine Energy Service Stock
Nine Energy Service Inc
Nine Energy Service is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker NINE on the NYSE exchange.
Nine Energy Service stock last closed at $2.28, down 0.87% from the previous day, and has decreased 45.71% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.72 percentage points. Nine Energy Service stock is currently +27.73% from its 52-week low of $1.79, and -59.18% from its 52-week high of $5.59.
At the moment, there are 35.32M NINE shares outstanding. The market capitalization of NINE is $80.54M. In the last 24 hours, 187,580 NINE shares were traded.
How to Buy Nine Energy Service Stock
Wondering how to invest in Nine Energy Service stock? Here's how.
- Figure out where to buy Nine Energy Service stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Nine Energy Service stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Select your payment method and add your information.
- Analyze Nine Energy Service stock: The Nine Energy Service ticker symbol is NINE. Is Nine Energy Service stock a good investment? Should you buy shares of NINE? How do NINE's underlying business fundamentals look? Do top analysts think Nine Energy Service is a good buy? Why has NINE's stock price moved recently? (Hint: Our stock market research tools can help you decide if NINE is a good stock to buy).
- Execute your NINE trade: Decide if you will purchase NINE shares at the current market price or use a limit order to purchase NINE stock at a particular price.
- Monitor your NINE investment: Create a watchlist to track your investment in Nine Energy Service shares.
Step 1: Figure out where to buy Nine Energy Service stock
You need a brokerage account in order to access the NYSE market and buy NINE stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you are able to invest in NINE today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on the stock trading app, you need to deposit funds:
Check out the walkthrough below for more details transferring funds into your new brokerage account.
Step 4: Analyze Nine Energy Service stock
Once you have chosen the best place to buy Nine Energy Service stock, it's absolutely critical to evaluate their stock before you buy, so you truly comprehend the risk as well as the opportunity.
Nine Energy Service stock quick numbers
NINE Zen Score
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on NINE's stock page.
Is NINE stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge NINE's true value.
You can do additional valuation analysis on NINE's stock here.
NINE Financial Health
Signs that NINE is financially healthy:
- There are more short-term assets than short-term liabilities on the NINE balance sheet.
Signs that NINE is not financially healthy:
- NINE earnings of $19.49M is not sufficient to cover its interest payments.
- Total NINE debt is still negative.
- NINE profit margin has gone down from 2.4% to -5.3% in the past year.
- NINE debt to equity ratio of -12.28 is negative.
- NINE's operating cash flow of $45.51M allows it to safely service it's debt of $366.32M.
- There are more long-term liabilities than short-term assets on the NINE balance sheet.
You can dive deeper into what analysts are saying on the Nine Energy Service stock forecast page.
NINE Trading Indicators
NINE Earnings
Last year, NINE revenue was $609.53M. In the past 5 year, NINE's revenue has increased by -5.92% per year. This was slower than the Oil & Gas Equipment & Services industry average of 9.01%.
Learn more about NINE's earnings and revenue performance here.
Latest Insiders Trades at NINE
In the last 12 months, executives and large shareholders at NINE have sold more shares than they have bought.
Guy Sirkes, Senior Vice President and Chief Financial Officer of NINE, was the latest NINE insider to sell. They sold $36,609.42 worth of NINE shares on Mar 13, 2024.
Get more info about who owns NINE stock here.
Does NINE stock generate passive income?
No, Nine Energy Service doesn't provide an income stream by paying out dividends.
What others are saying about NINE
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your NINE trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and your broker will place your order.
If you want more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your NINE investment
Now that you own some NINE stock, you'll want to keep up with your new investment.
Put NINE on a watchlist to keep track of your NINE stock.
NINE Feed
How to Buy Stock in Nine Energy Service
To summarize, here are the 6 steps for buying Nine Energy Service stock:
- Figure out where to buy Nine Energy Service stock
- Create your brokerage account
- Put funds into your investment account
- Analyze Nine Energy Service stock
- Execute your NINE trade
- Monitor your NINE investment
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Nine Energy Service, click below.
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