(TUSK) Mammoth Energy - Ratings and Ratios

Mammoth Energy Services Inc (NASDAQ:TUSK) is a multifaceted energy services company operating across the United States, Canada, and internationally, providing a broad spectrum of services to the oil and gas industry. The companys diversified service portfolio includes well completion services, infrastructure services, and natural sand proppant services, catering to the needs of independent oil and natural gas producers, land-based drilling contractors, and utility companies.

The companys operational segments are designed to support the upstream and midstream sectors of the oil and gas industry, with services ranging from hydraulic fracturing, sand hauling, and water transfer to the construction, maintenance, and repair of high-voltage transmission lines and distribution systems. Additionally, Mammoth Energy Services Inc is involved in the mining, processing, and sale of natural sand proppant, a critical component in the hydraulic fracturing process, and offers logistics solutions to facilitate the delivery of frac sand products.

Further, the company provides a range of ancillary services, including directional drilling, helicopter leasing and training, equipment rentals, remote accommodation, coil tubing, pressure control, and flowback services, among others. This diversified service offering enables the company to capitalize on various revenue streams within the energy sector, positioning it for potential growth as energy demand evolves.

Analyzing the , the stocks current price is $2.46, below its 20-day SMA of $2.56 and significantly below its 200-day SMA of $3.19, indicating a bearish trend. The Average True Range (ATR) is $0.27, representing a 10.78% volatility. Given the , with a Market Cap of $121.76M USD and a negative P/E ratio, the companys financial health appears challenged, reflected in its Return on Equity (RoE) of -73.54%. Considering these factors, a forecast for TUSK could involve a potential rebound if the stock price aligns with its SMA20 or a continued decline if it fails to breach resistance levels. However, the absence of a P/E ratio complicates the assessment of its valuation relative to earnings.

Based on the and , a potential trading strategy could involve closely monitoring the stocks price action relative to its SMA20 and SMA50 levels. A break above $2.56 could signal a short-term bullish trend, while a failure to sustain above $2.32 may indicate continued bearish pressure. Investors should also keep a close eye on the energy sectors overall performance and any shifts in demand that could impact Mammoth Energy Services Incs operational segments and, by extension, its stock performance.