Nuverra Environmental Solution (NES) Drops 6.06% on January 04

Equities Staff |

Nuverra Environmental Solution (NES) was one of the Russell 2000's biggest losers for Monday January 04 as the stock slid 6.06% to $0.48, a loss of $-0.0311 per share. Starting at an opening price of $0.51 a share, the stock traded between $0.46 and $0.52 over the course of the trading day. Volume was 93,461 shares over 285 trades, against an average daily volume of 267,883 shares and a total float of 28.1 million.

The losses send Nuverra Environmental Solution down to a market cap of $13.54 million. In the last year, Nuverra Environmental Solution has traded between $6.78 and $0.41, and its 50-day SMA is currently $1.00 and 200-day SMA is $2.90.

Nuverra Environmental Solutions Inc formerly, Heckmann Corp provides environmental solutions to customers focused on the development and ongoing production of oil and natural gas from shale formations.

Nuverra Environmental Solution is based out of Scottsdale, AZ and has some 2,400 employees. Its CEO is Mark D. Johnsrud.

For a complete fundamental analysis analysis of Nuverra Environmental Solution, check out Equities.com’s Stock Valuation Analysis report for NES. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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