Is Mammoth Energy Services Inc (TUSK) a Stock to Watch After Losing -5.03% This Week?

Mammoth Energy Services Inc (TUSK) stock is lower by 5.03% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Mammoth Energy Services Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TUSK!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TUSK Stock Today?

Mammoth Energy Services Inc (TUSK) stock is trading at $3.78 as of 10:51 AM on Friday, Jul 30, a loss of -$0.48, or -11.27% from the previous closing price of $4.26. The stock has traded between $3.70 and $4.11 so far today. Volume today is 86,934 compared to average volume of 88,261.

More About Mammoth Energy Services Inc

Mammoth Energy Services Inc is an integrated, growth-oriented energy service company serving companies engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The company segments include Infrastructure, Well Completion, Sand, Drilling and All Other. The company derived revenue from United States, Puerto Rico and Canada. Click Here to get the full Stock Report for Mammoth Energy Services Inc stock.