How have the shares performed?
U.S. Well Services Inc. (USWS) saw downtrend of -6.11% in the recent trading with $0.96 being its most recent. The current price level -71.58% lower than the highest price of $3.37 marked by the stock while trading over the past 52-weeks, whereas it is 313.69% higher than the lowest price of $0.23 the company dropped to over past 52-weeks. The latest news story on USWS appeared in PR Newswire under the title “U.S. Well Services Announces Move Towards Full Electrification of Portfolio” on May-24-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -18.15% below one month high and is +40.53% above of the lowest during that time. Looking into the simple moving average, U.S. Well Services Inc. (USWS)’s stock stands at a SMA-50 of $0.9432 while that of 5-day is reading $1.0215.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and USWS’s SMA-200 as of now is $0.7155.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
U.S. Well Services Inc. Earnings – What Happened With USWS
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. U.S. Well Services Inc. (USWS) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of -94.40% for net revenue. During the reported three-month period, company’s sales were $76.26 billion while analysts on average were estimating the same to be $85.45 million.
USWS – U.S. Well Services Inc. Stock Earnings Estimates
The perspective of U.S. Well Services Inc. (NASDAQ:USWS)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.18 for stock’s EPS in the current quarter. 3 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.35.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 68.87 million. USWS does have institutional investors; and they hold 45.60% of the stock.
U.S. Well Services Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 9 new insider purchases involving 6,702,684 shares. On the other hand, USWS declared 75,087 shares have been sold in 4 insider transactions over the past three months.
As on Mar 30, 2021, Crestview Partners III GP, LP was the top most holder in U.S. Well Services Inc. (NASDAQ:USWS) with an ownership of 20.38 million shares of the company or 22.53% of the stake worth $21.19 million. The filing also reveals TCW Group, Inc. (The) as the second largest holder in the company with a control over 11.06% of the outstanding shares. Its stake is worth $10.4 million for having 10.0 million shares in hand.
Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 2.03% of the outstanding shares. With this there are now 32 institutions which have possession in USWS’s shares.
Currently, the stock has been recommended as Hold by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
Technical Analysis of U.S. Well Services Inc. (NASDAQ:USWS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for U.S. Well Services Inc. (USWS), we notice that the stock’s 20-day average volume is at 2,531,360 shares. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 2,248,838 shares. And to end, USWS’s 100-day average volume is 6,594,926 shares with 50% of the long-term indicators pointing towards Buy for the stock.