Nuverra Environmental Solutions (NYSEAMERICAN:NES) Trading 11.4% Higher – Should You Buy?

Nuverra Environmental Solutions, Inc. (NYSEAMERICAN:NESGet Free Report) shares traded up 11.4% on Wednesday . The stock traded as high as $2.23 and last traded at $2.15. 249,200 shares traded hands during trading, a decline of 78% from the average session volume of 1,113,275 shares. The stock had previously closed at $1.93.

Nuverra Environmental Solutions Stock Up 11.4 %

The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.40 and a current ratio of 1.54. The company has a market cap of $34.40 million, a price-to-earnings ratio of -1.32 and a beta of 1.43.

About Nuverra Environmental Solutions

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Nuverra Environmental Solutions, Inc engages in the development and ongoing production of oil and natural gas from shale formations. It operates through the following segments: Rocky Mountain, Northeast, Southern, and Corporate and Other. The Rocky Mountain segment includes the Bakken shale area. The Northeast segment is comprised of the Marcellus and Utica shale areas.

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