StockNews.com initiated coverage on shares of Superior Drilling Products (NYSE:SDPI – Free Report) in a research note released on Wednesday morning. The brokerage issued a buy rating on the stock.
Superior Drilling Products Price Performance
Superior Drilling Products stock opened at $1.01 on Wednesday. The stock has a market cap of $30.69 million, a price-to-earnings ratio of 7.77 and a beta of 0.06. The company has a quick ratio of 1.18, a current ratio of 1.79 and a debt-to-equity ratio of 0.36. The business has a 50-day simple moving average of $1.22 and a 200 day simple moving average of $1.05. Superior Drilling Products has a 52 week low of $0.58 and a 52 week high of $1.47.
Superior Drilling Products (NYSE:SDPI – Get Free Report) last issued its quarterly earnings results on Tuesday, May 14th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $4.95 million for the quarter. Superior Drilling Products had a net margin of 20.88% and a return on equity of 31.10%.
Institutional Trading of Superior Drilling Products
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.
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