Mammoth Energy Services, Inc. (NASDAQ:TUSK) Director Corey J. Booker Sells 15,000 Shares

Mammoth Energy Services, Inc. (NASDAQ:TUSK) Director Corey J. Booker sold 15,000 shares of Mammoth Energy Services stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $3.47, for a total value of $52,050.00. Following the completion of the transaction, the director now owns 125,488 shares of the company’s stock, valued at approximately $435,443.36. This represents a 10.68 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Mammoth Energy Services Stock Performance

Shares of NASDAQ TUSK opened at $3.66 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.25 and a quick ratio of 2.13. Mammoth Energy Services, Inc. has a 1 year low of $2.50 and a 1 year high of $4.95. The firm has a 50-day simple moving average of $4.03 and a two-hundred day simple moving average of $3.73.

Mammoth Energy Services (NASDAQ:TUSK) last announced its quarterly earnings data on Friday, November 1st. The energy company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.49). The firm had revenue of $40.02 million during the quarter. Mammoth Energy Services had a negative return on equity of 53.85% and a negative net margin of 105.49%. During the same period in the prior year, the firm posted ($0.02) earnings per share.

Institutional Trading of Mammoth Energy Services

Institutional investors have recently added to or reduced their stakes in the company. Royce & Associates LP raised its stake in shares of Mammoth Energy Services by 15.2% during the third quarter. Royce & Associates LP now owns 1,351,224 shares of the energy company’s stock valued at $5,527,000 after acquiring an additional 178,240 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Mammoth Energy Services by 14.0% during the second quarter. Dimensional Fund Advisors LP now owns 806,280 shares of the energy company’s stock valued at $2,645,000 after acquiring an additional 99,093 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Mammoth Energy Services by 2.5% during the first quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company’s stock valued at $2,635,000 after acquiring an additional 17,369 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Mammoth Energy Services by 1.9% during the third quarter. Geode Capital Management LLC now owns 528,850 shares of the energy company’s stock valued at $2,163,000 after acquiring an additional 9,852 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Mammoth Energy Services by 1.4% during the third quarter. State Street Corp now owns 403,688 shares of the energy company’s stock valued at $1,651,000 after acquiring an additional 5,400 shares in the last quarter. Institutional investors own 79.67% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a research note on Monday, November 4th.

Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.