Expro Group Holdings (NYSE:XPRO - Get Free Report)'s stock price rose 6.8% during mid-day trading on Tuesday . The company traded as high as $9.53 and last traded at $9.51. Approximately 107,661 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 1,234,331 shares. The stock had previously closed at $8.90.
Wall Street Analyst Weigh In
XPRO has been the subject of a number of recent analyst reports. Wells Fargo & Company initiated coverage on Expro Group in a research note on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price objective for the company. Barclays dropped their price objective on Expro Group from $14.00 to $12.00 and set an "overweight" rating on the stock in a report on Wednesday, May 7th. Finally, The Goldman Sachs Group dropped their price objective on Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th.
Check Out Our Latest Stock Report on XPRO
Expro Group Price Performance
The firm has a 50-day moving average price of $8.26 and a 200 day moving average price of $10.88. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. The stock has a market capitalization of $1.11 billion, a P/E ratio of 68.93, a price-to-earnings-growth ratio of 1.28 and a beta of 1.18.
Hedge Funds Weigh In On Expro Group
Institutional investors and hedge funds have recently bought and sold shares of the stock. Sterling Capital Management LLC grew its position in shares of Expro Group by 824.7% in the 4th quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock worth $38,000 after buying an additional 2,705 shares during the last quarter. US Bancorp DE raised its stake in Expro Group by 56.0% during the fourth quarter. US Bancorp DE now owns 4,171 shares of the company's stock valued at $52,000 after buying an additional 1,497 shares during the last quarter. Fifth Third Bancorp purchased a new position in Expro Group during the first quarter valued at $87,000. Brighton Jones LLC purchased a new position in Expro Group during the first quarter valued at $103,000. Finally, Strs Ohio purchased a new position in Expro Group during the first quarter valued at $104,000. 92.07% of the stock is currently owned by institutional investors.
About Expro Group
(
Get Free Report)
Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.
Further Reading
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