National Energy Services Reunited (NASDAQ:NESR) Hits New 1-Year High at $8.95

National Energy Services Reunited Corp. (NASDAQ:NESR) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $8.95 and last traded at $8.95, with a volume of 136299 shares traded. The stock had previously closed at $8.65.

National Energy Services Reunited Price Performance

The stock’s 50 day moving average price is $8.04 and its 200 day moving average price is $6.68.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quantbot Technologies LP boosted its position in shares of National Energy Services Reunited by 48.0% during the 1st quarter. Quantbot Technologies LP now owns 5,772 shares of the company’s stock worth $48,000 after purchasing an additional 1,872 shares in the last quarter. State of Wyoming bought a new position in shares of National Energy Services Reunited in the fourth quarter valued at approximately $54,000. Quarry LP increased its position in shares of National Energy Services Reunited by 1,641.3% during the first quarter. Quarry LP now owns 8,132 shares of the company’s stock valued at $43,000 after acquiring an additional 7,665 shares during the last quarter. Barclays PLC grew its stake in National Energy Services Reunited by 79.5% in the 4th quarter. Barclays PLC now owns 10,243 shares of the company’s stock valued at $71,000 after purchasing an additional 4,536 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of National Energy Services Reunited during the 1st quarter worth $87,000. 15.55% of the stock is owned by institutional investors.

National Energy Services Reunited Company Profile

National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and internationally. The company's Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline and industrial services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems.