National Energy Services Reunited (NASDAQ:NESR) Receives "Buy" Rating from UBS

Core Insights - National Energy Services Reunited (NASDAQ:NESR) is a significant entity in the Oils-Energy sector, providing integrated energy services primarily in the Middle East and North Africa [1] - UBS has initiated coverage on NESR with a "Buy" rating, indicating a positive outlook for the stock, which was priced at $18.35 at the time of the rating [2] - NESR's stock price has shown stability, currently at $18.35, with a market capitalization of approximately $1.85 billion, reflecting its strong position in the sector [3][5] Stock Performance - NESR's stock has experienced a 0.96% increase, or $0.18, with trading between $18.04 and $18.46 on the day, and a 52-week high of $18.61 and a low of $5.20 [3] - The trading volume for NESR today was 468,031 shares, indicating significant investor interest [4] Evaluation Metrics - The Zacks Rank model is utilized to assess NESR's performance, focusing on earnings estimates and revisions to identify top-performing stocks within the sector [4]