It Seems Keane Group Inc (NYSE:FRAC) Will Go Up. Just Reported Less Shorted Shares

The stock of Keane Group Inc (NYSE:FRAC) registered a decrease of 7.26% in short interest. FRAC’s total short interest was 3.78 million shares in December as published by FINRA. Its down 7.26% from 4.08 million shares, reported previously. With 1.08 million shares average volume, it will take short sellers 4 days to cover their FRAC’s short positions. The short interest to Keane Group Inc’s float is 81.57%.

The stock decreased 2.08% or $0.19 during the last trading session, reaching $8.93. About 1.14 million shares traded or 1.89% up from the average. Keane Group, Inc. (NYSE:FRAC) has declined 6.90% since December 8, 2017 and is downtrending. It has underperformed by 22.52% the S&P500.

Keane Group, Inc. provides integrated well completion services primarily in the United States. The company has market cap of $943.62 million. The Company’s principal service offerings include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions, as well as other value-added services. It has a 10.21 P/E ratio. The firm also provides coiled tubing, drilling, cementing, acidizing, and nitrogen services.

More notable recent Keane Group, Inc. (NYSE:FRAC) news were published by: Seekingalpha.com which released: “Hi-Crush Follow-Up: More Reasons Why Frac Sand Stocks Are Buys – Seeking Alpha” on October 01, 2018, also Seekingalpha.com with their article: “Energy Transfer And Its Texas-Sized NGLs Upside – Seeking Alpha” published on November 13, 2018, Benzinga.com published: “CSX Corporation (NYSE:CSX) – Long-Term And Short-Term Shifts Are Setting Up To Impact Trucking Markets: Panel – Benzinga” on November 14, 2018. More interesting news about Keane Group, Inc. (NYSE:FRAC) were released by: Seekingalpha.com and their article: “Has Hi-Crush Partners Bottomed? – Seeking Alpha” published on September 02, 2018 as well as Seekingalpha.com‘s news article titled: “Keane’s (FRAC) CEO James Stewart on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: July 31, 2018.

Keane Group, Inc. (NYSE:FRAC) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.