Mammoth Energy Services, Inc. (NASDAQ:TUSK – Get Rating) Director Wexford Capital Lp acquired 5,100 shares of the company’s stock in a transaction on Wednesday, June 15th. The stock was bought at an average price of $2.23 per share, for a total transaction of $11,373.00. Following the purchase, the director now owns 22,388,743 shares in the company, valued at approximately $49,926,896.89. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Wexford Capital Lp also recently made the following trade(s):
- On Monday, June 13th, Wexford Capital Lp acquired 25,102 shares of Mammoth Energy Services stock. The stock was bought at an average price of $2.35 per share, for a total transaction of $58,989.70.
Shares of TUSK traded down $0.02 during mid-day trading on Thursday, hitting $2.24. 35,960 shares of the company’s stock were exchanged, compared to its average volume of 336,266. The firm has a fifty day moving average of $2.25 and a two-hundred day moving average of $2.00. Mammoth Energy Services, Inc. has a twelve month low of $1.35 and a twelve month high of $5.08. The stock has a market cap of $105.69 million, a price-to-earnings ratio of -1.00 and a beta of 2.01. The company has a quick ratio of 2.98, a current ratio of 3.06 and a debt-to-equity ratio of 0.19.
Several institutional investors and hedge funds have recently made changes to their positions in TUSK. Virtu Financial LLC acquired a new position in shares of Mammoth Energy Services during the 4th quarter worth $29,000. Bank of America Corp DE increased its stake in shares of Mammoth Energy Services by 611.3% during the 2nd quarter. Bank of America Corp DE now owns 6,750 shares of the energy company’s stock worth $31,000 after purchasing an additional 5,801 shares during the last quarter. Traynor Capital Management Inc. acquired a new position in shares of Mammoth Energy Services during the 1st quarter worth $36,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Mammoth Energy Services during the 1st quarter worth $53,000. Finally, NewEdge Advisors LLC acquired a new position in shares of Mammoth Energy Services during the 1st quarter worth $53,000. Institutional investors own 64.78% of the company’s stock.
Separately, StockNews.com lowered shares of Mammoth Energy Services from a “hold” rating to a “sell” rating in a research note on Wednesday, May 25th.
About Mammoth Energy Services (Get Rating)
Mammoth Energy Services, Inc operates as an energy service company. The company operates in four segments: Infrastructure Services, Well Completion Services, Natural Sand Proppant Services, and Drilling Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution, and networks and substation facilities, including engineering, design, construction, upgrade, maintenance, and repair of high voltage transmission lines, substations, and lower voltage overhead and underground distribution systems; storm repair and restoration services; and commercial services comprising installation, maintenance, and repair of commercial wiring.
Featured Stories
- Get a free copy of the StockNews.com research report on Mammoth Energy Services (TUSK)
- The Institutions Turn The Tide For Jabil
- Commercial Metals Company Is Ready To Rebound
- A10 Networks: Key 5G Infrastructure Stock that’s Beating the Market
- Allstate: A Safe Stock During Volatile Times, Which Will Benefit From Rising Rates
- Wix.com Stock Nearing a Bottom Wick
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Mammoth Energy Services Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Mammoth Energy Services and related companies with MarketBeat.com’s FREE daily email newsletter.