Expro Group Holdings (NYSE:XPRO - Get Free Report) rose 6.8% 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.
Analyst Ratings Changes
A number of equities analysts have issued reports on XPRO shares. The Goldman Sachs Group lowered their target price on Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Barclays reduced their target price on shares of Expro Group from $14.00 to $12.00 and set an "overweight" rating for the company in a report on Wednesday, May 7th. Finally, Wells Fargo & Company started coverage on shares of Expro Group in a research report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 target price for the company.
Get Our Latest Stock Analysis on Expro Group
Expro Group Stock Performance
The stock has a market capitalization of $1.10 billion, a P/E ratio of 68.15, a P/E/G ratio of 1.28 and a beta of 1.18. The stock has a 50 day simple moving average of $8.29 and a two-hundred day simple moving average of $10.85. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09.
Hedge Funds Weigh In On Expro Group
A number of institutional investors have recently bought and sold shares of the business. Strs Ohio bought a new position in Expro Group during the first quarter worth $104,000. Jane Street Group LLC lifted its position in Expro Group by 732.6% during the first quarter. Jane Street Group LLC now owns 421,163 shares of the company's stock worth $4,186,000 after acquiring an additional 370,579 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Expro Group by 17.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 282,788 shares of the company's stock worth $2,811,000 after acquiring an additional 42,203 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Expro Group by 47.8% during the first quarter. Goldman Sachs Group Inc. now owns 903,612 shares of the company's stock worth $8,982,000 after purchasing an additional 292,198 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Expro Group during the first quarter worth approximately $954,000. Institutional investors and hedge funds own 92.07% of the company's stock.
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.
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