Corey J. Booker Sells 5,000 Shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK) Stock

Mammoth Energy Services, Inc. (NASDAQ:TUSK) Director Corey J. Booker sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $3.21, for a total value of $16,050.00. Following the transaction, the director now owns 157,197 shares of the company’s stock, valued at $504,602.37. This trade represents a 3.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Mammoth Energy Services Price Performance

Shares of NASDAQ TUSK opened at $3.49 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.13 and a current ratio of 2.25. Mammoth Energy Services, Inc. has a fifty-two week low of $2.50 and a fifty-two week high of $4.95. The firm has a market capitalization of $167.97 million, a PE ratio of -0.85 and a beta of 1.69. The stock’s 50-day simple moving average is $4.03 and its 200-day simple moving average is $3.72.

Mammoth Energy Services (NASDAQ:TUSK) last released its quarterly earnings results on Friday, November 1st. The energy company reported ($0.50) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.49). The firm had revenue of $40.02 million for 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 quarter last year, the business posted ($0.02) earnings per share.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Mammoth Energy Services from a “sell” rating to a “hold” rating in a report on Monday, November 4th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TUSK. BNP Paribas Financial Markets increased its position in Mammoth Energy Services by 55.8% during the first quarter. BNP Paribas Financial Markets now owns 11,265 shares of the energy company’s stock worth $41,000 after buying an additional 4,035 shares during the period. Vanguard Group Inc. increased its position in Mammoth Energy Services by 2.5% during the first quarter. Vanguard Group Inc. now owns 723,772 shares of the energy company’s stock worth $2,635,000 after buying an additional 17,369 shares during the period. Bank of New York Mellon Corp increased its position in Mammoth Energy Services by 6.9% during the second quarter. Bank of New York Mellon Corp now owns 166,591 shares of the energy company’s stock worth $546,000 after buying an additional 10,796 shares during the period. Dimensional Fund Advisors LP increased its position in 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 worth $2,645,000 after buying an additional 99,093 shares during the period. Finally, SG Americas Securities LLC acquired a new position in Mammoth Energy Services during the third quarter worth approximately $42,000. Institutional investors and hedge funds own 79.67% of the company’s stock.

About Mammoth Energy Services

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.