Penbrook Management LLC Sells 12,000 Shares of Mammoth Energy Services, Inc. (NASDAQ:TUSK)

Penbrook Management LLC reduced its position in Mammoth Energy Services, Inc. (NASDAQ:TUSK) by 15.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,900 shares of the energy company’s stock after selling 12,000 shares during the quarter. Penbrook Management LLC owned approximately 0.14% of Mammoth Energy Services worth $236,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Adage Capital Partners GP L.L.C. lifted its holdings in shares of Mammoth Energy Services by 12.1% during the third quarter. Adage Capital Partners GP L.L.C. now owns 3,700,000 shares of the energy company’s stock valued at $17,168,000 after acquiring an additional 400,000 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in Mammoth Energy Services by 56.0% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 57,096 shares of the energy company’s stock worth $265,000 after purchasing an additional 20,505 shares during the last quarter. Archer Investment Corp raised its holdings in Mammoth Energy Services by 25.1% during the 4th quarter. Archer Investment Corp now owns 21,400 shares of the energy company’s stock worth $95,000 after purchasing an additional 4,300 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in Mammoth Energy Services by 26.5% during the 4th quarter. SG Americas Securities LLC now owns 12,699 shares of the energy company’s stock worth $57,000 after purchasing an additional 2,663 shares during the last quarter. 79.67% of the stock is owned by institutional investors.

Mammoth Energy Services Trading Down 1.8 %

Shares of Mammoth Energy Services stock traded down $0.06 during trading on Tuesday, hitting $3.20. 31,191 shares of the company were exchanged, compared to its average volume of 59,347. The firm has a market capitalization of $154.02 million, a P/E ratio of -6.69 and a beta of 1.76. Mammoth Energy Services, Inc. has a 1-year low of $2.94 and a 1-year high of $5.75. The firm’s fifty day moving average price is $3.42 and its 200 day moving average price is $3.68. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.52 and a quick ratio of 3.41.

Mammoth Energy Services (NASDAQ:TUSK) last issued its quarterly earnings data on Thursday, May 2nd. The energy company reported ($0.25) earnings per share (EPS) for the quarter. Mammoth Energy Services had a negative net margin of 9.87% and a negative return on equity of 4.68%. The business had revenue of $43.19 million during the quarter.

About Mammoth Energy Services

Mammoth Energy Services, Inc operates as an energy services company in the United States, Canada, and internationally. The company operates in four segments: Well Completion Services, Infrastructure Services, Natural Sand Proppant Services, and Drilling Services. The company offers pressure pumping and hydraulic fracturing, sand hauling, and water transfer services; and master services agreements.