Expro Group Holdings N.V. (NYSE:XPRO - Get Free Report) shares rose 6.1% during mid-day trading on Tuesday . The stock traded as high as $9.06 and last traded at $9.27. Approximately 34,281 shares changed hands during trading, a decline of 97% from the average daily volume of 1,250,990 shares. The stock had previously closed at $8.73.
Analyst Ratings Changes
XPRO has been the subject of several research analyst reports. Barclays cut their price objective on Expro Group from $14.00 to $12.00 and set an "overweight" rating for the company in a research report on Wednesday, May 7th. Wells Fargo & Company initiated coverage on Expro Group in a research report on Tuesday, May 27th. They set an "overweight" rating and a $12.00 price objective for the company. Finally, The Goldman Sachs Group cut their price objective on Expro Group from $17.00 to $12.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th.
Check Out Our Latest Stock Analysis on XPRO
Expro Group Stock Performance
The company has a current ratio of 2.11, a quick ratio of 1.74 and a debt-to-equity ratio of 0.09. The stock has a fifty day moving average price of $8.62 and a 200-day moving average price of $10.42. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 10.15, a PEG ratio of 0.86 and a beta of 1.17.
Hedge Funds Weigh In On Expro Group
A number of hedge funds have recently modified their holdings of XPRO. Strs Ohio acquired a new stake in Expro Group during the 1st quarter valued at $104,000. Jane Street Group LLC raised its stake in shares of Expro Group by 732.6% in the 1st quarter. Jane Street Group LLC now owns 421,163 shares of the company's stock valued at $4,186,000 after purchasing an additional 370,579 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Expro Group by 17.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 282,788 shares of the company's stock valued at $2,811,000 after purchasing an additional 42,203 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Expro Group by 47.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 903,612 shares of the company's stock valued at $8,982,000 after purchasing an additional 292,198 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Expro Group in the 1st quarter valued at about $954,000. 92.07% of the stock is owned by institutional investors and hedge funds.
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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