Shares of NexTier Oilfield Solutions Inc. (NEX) Rise to a New 52-Week High

IBN Spotlights
Wednesday, January 26, 2022 at 3:24pm UTC

Shares of NexTier Oilfield Solutions Inc. (NYSE:NEX) traded at a new 52-week high today of $6.13. Approximately 482,000 shares have changed hands today, as compared to an average 30-day volume of 3.2 million shares.

NexTier Oilfield Solutions Inc is a U.S. land oilfield focused service company. The company has a diverse set of well completion and production services across a variety of active and demanding basins. NexTier operates through two segments viz Completion Services which provides hydraulic fracturing; wireline and pump-down services; and completion support services. While the Well Construction and Intervention Services provides cementing and coiled tubing services.

NexTier Oilfield Solutions Inc. has overhead space with shares priced $5.90, or 39.7% below the average consensus analyst price target of $9.78.

In the past 52 weeks, shares of NexTier Oilfield Solutions Inc. have traded between a low of $3.06 and a high of $6.13 and is now at $5.90, which is 93% above that low price.

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