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Nuverra Environmental Solutions Slumps: (NES) Falls 14.9% in Session

Nuverra Environmental Solutions, Inc. (NES) saw a big move last session, as the company’s shares fell by about 15% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for Nuverra Environmental Solutions, as the stock is now down over 40% since Sep 26.

The environmental solutions company has seen a flat track record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for loss estimates hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

Nuverra Environmental Solutions currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the waste removal services sector include Waste Connections Inc. (WCN). Investors interested in the broader Business Services sector can consider PFSweb Inc. (PFSW) and comScore, Inc. (SCOR). While PFSweb holds Zacks Rank #1 (Strong Buy), Waste Connections and comScore hold Zacks Rank #2 (Buy).

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NUVERRA ENVIRONMENTAL SOLUTIONS (NES): Free Stock Analysis Report

WASTE CONNECTIONS INC (WCN): Free Stock Analysis Report

PFSWEB INC (PFSW): Free Stock Analysis Report

COMSCORE INC (SCOR): Free Stock Analysis Report


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