Nuverra Environmental Solution (NES) was among the biggest gainers on the Russell 2000 for Wednesday December 23 as the stock popped 6% to $0.53, representing a gain of $0.03 per share. Some 189,521 shares traded hands on 594 trades, compared with an average daily volume of 265,916 shares out of a total float of 28.1 million. The stock opened at $0.50 and traded with an intraday range of $0.55 to $0.50.
After today's gains, Nuverra Environmental Solution reached a market cap of $14.89 million. Nuverra Environmental Solution has had a trading range between $6.78 and $0.48 over the last year, and it had a 50-day SMA of $1.13 and a 200-day SMA of $2.97.
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.
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