National Energy Services Reunited (NESR) Surges 14.3%: Is This an Indication of Further Gains?

National Energy Services Reunited (NESR) shares rallied 14.3% in the last trading session to close at $14.1. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 20.3% gain over the past four weeks.The surge can be attributed to a higher demand for NESR’s oilfield services driven by the overall increase in oil and gas demand. The company is one of the largest oilfield service providers in the Middle East and North ...