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Nuverra Environmental Solutions (NYSE:NES) shares hit a new 52-week low on Thursday , AnalystRatings.Net reports. The stock traded as low as $12.90 and last traded at $13.18, with a volume of 79,526 shares traded. The stock had previously closed at $13.26.

A number of analysts have recently weighed in on NES shares. Analysts at Wedbush cut their price target on shares of Nuverra Environmental Solutions from $14.00 to $11.00 in a research note on Tuesday, August 26th. Separately, analysts at Imperial Capital cut their price target on shares of Nuverra Environmental Solutions from $17.00 to $15.00 in a research note on Monday, August 18th. They now have an “in-line” rating on the stock. Finally, analysts at Jefferies Group cut their price target on shares of Nuverra Environmental Solutions from $17.00 to $15.00 in a research note on Friday, August 8th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $21.05.

The stock has a 50-day moving average of $15.71 and a 200-day moving average of $17.16. The company’s market cap is $352.3 million.

Nuverra Environmental Solutions (NYSE:NES) last announced its earnings results on Thursday, August 7th. The company reported ($0.91) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.22) by $0.69. The company had revenue of $156.60 million for the quarter, compared to the consensus estimate of $144.80 million. During the same quarter last year, the company posted ($0.50) earnings per share. Nuverra Environmental Solutions’s revenue was down 5.4% compared to the same quarter last year. On average, analysts predict that Nuverra Environmental Solutions will post $-1.63 earnings per share for the current fiscal year.

Nuverra Environmental Solutions, Inc, formerly Heckmann Corporation, provides environmental solutions to protect, enhance and advance environmental sustainability.

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