B. Riley Financial Inc. acquired a new stake in shares of Eco-Stim Energy Solutions Inc (NASDAQ:ESES) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,093,129 shares of the oil and gas company’s stock, valued at approximately $71,000.
Shares of NASDAQ:ESES opened at $0.03 on Thursday. The company has a quick ratio of 0.28, a current ratio of 0.34 and a debt-to-equity ratio of 0.03. Eco-Stim Energy Solutions Inc has a 1 year low of $0.02 and a 1 year high of $1.45. The firm has a market cap of $2.04 million, a P/E ratio of -0.11 and a beta of 2.42.
Several analysts recently issued reports on the company. ValuEngine lowered Eco-Stim Energy Solutions from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Zacks Investment Research lowered Eco-Stim Energy Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, December 19th.
Eco-Stim Energy Solutions, Inc provides oilfield services in the United States and Argentina. The company offers pressure pumping, coiled tubing, and field management services to the upstream oil and gas industry. Its customers consist primarily of international oil and gas exploration and production companies, including national oil companies, local privately-held exploration and production companies, and other service companies.
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