Nuverra Environmental Solution (NES) is Trading Lower on Unusual Volume for January 06

Equities Staff |

Nuverra Environmental Solution (NES) experienced unusually high volume on Jan. 06, as the stock lost 10.56% to a closing price of $0.38. The stock saw 305,116 shares trade hands over the course of the day on 441 trades. Given that the stock’s average daily volume over the last month has been 173,987 shares a day, this represents a pretty substantial spike over the norm.

Nuverra Environmental Solution has a P/B ratio of -2.24. The stock has traded between $6.78 and $0.38 over the last 52-weeks, its 50-day SMA is now $0.95, and its 200-day SMA $2.87.

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.

Headquartered in Scottsdale, AZ, Nuverra Environmental Solution has 2,400 employees and is currently under the leadership of CEO 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.

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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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