StockNews.com started coverage on shares of Superior Drilling Products (NYSE:SDPI – Free Report) in a report published on Tuesday morning. The firm issued a buy rating on the stock.
Superior Drilling Products Price Performance
SDPI opened at $1.01 on Tuesday. The stock has a market cap of $30.69 million, a price-to-earnings ratio of 7.77 and a beta of 0.05. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.18 and a current ratio of 1.79. The firm’s fifty day moving average is $1.07 and its 200 day moving average is $1.12. Superior Drilling Products has a fifty-two week low of $0.58 and a fifty-two week high of $1.47.
Institutional Trading of Superior Drilling Products
An institutional investor recently bought a new position in Superior Drilling Products stock. Black Maple Capital Management LP acquired a new stake in shares of Superior Drilling Products, Inc. (NYSE:SDPI – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 169,453 shares of the company’s stock, valued at approximately $155,000. Black Maple Capital Management LP owned about 0.56% of Superior Drilling Products at the end of the most recent reporting period. Institutional investors own 43.44% of the company’s stock.
About Superior Drilling Products
Superior Drilling Products, Inc, a drilling and completion tool technology company, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in North America and internationally. Its drilling solutions include Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system technology; and V-Stream, an advanced conditioning system.
Further Reading
- Five stocks we like better than Superior Drilling Products
- High Flyers: 3 Natural Gas Stocks for March 2022
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- Roth IRA Calculator: Calculate Your Potential Returns
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- What is a Death Cross in Stocks?
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Receive News & Ratings for Superior Drilling Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superior Drilling Products and related companies with MarketBeat.com's FREE daily email newsletter.
