GSA Capital Partners LLP Purchases Shares of 64,030 Expro Group Holdings N.V. (NYSE:XPRO)

Key Points

• GSA Capital Partners LLP has invested $636,000 in Expro Group Holdings N.V., acquiring 64,030 shares, representing 0.06% ownership of the company.
• Expro Group's shares recently traded at $10.39, showing a significant fluctuation in its stock price with a 52-week range of $6.70 to $21.57.
• Analysts have mixed ratings on Expro Group, with a consensus rating of "Moderate Buy" and a price target averaging $12.25, indicating potential growth in the stock's valuation.

GSA Capital Partners LLP bought a new stake in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 64,030 shares of the company's stock, valued at approximately $636,000. GSA Capital Partners LLP owned 0.06% of Expro Group at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Harbor Capital Advisors Inc. lifted its holdings in shares of Expro Group by 206.3% in the 1st quarter. Harbor Capital Advisors Inc. now owns 110,472 shares of the company's stock worth $1,098,000 after buying an additional 74,401 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Expro Group by 60.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 423,390 shares of the company's stock worth $4,208,000 after purchasing an additional 159,411 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Expro Group by 0.8% during the 1st quarter. Victory Capital Management Inc. now owns 507,804 shares of the company's stock valued at $5,048,000 after purchasing an additional 3,862 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Expro Group by 98.3% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 117,378 shares of the company's stock valued at $1,167,000 after purchasing an additional 58,183 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Expro Group by 66.6% during the 4th quarter. Sei Investments Co. now owns 50,950 shares of the company's stock valued at $635,000 after purchasing an additional 20,365 shares during the last quarter. 92.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on XPRO shares. Barclays raised their target price on Expro Group from $12.00 to $15.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. 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. Pickering Energy Partners assumed coverage on Expro Group in a report on Monday, July 28th. They issued an "outperform" rating on the stock. Wells Fargo & Company initiated coverage on Expro Group in a report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price objective on the stock. Finally, Piper Sandler initiated coverage on Expro Group in a research note on Tuesday, July 15th. They issued a "neutral" rating and a $10.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Expro Group presently has a consensus rating of "Moderate Buy" and an average price target of $12.25.

Expro Group Trading Down 2.0%

Shares of XPRO stock traded down $0.22 on Thursday, hitting $10.30. The stock had a trading volume of 461,955 shares, compared to its average volume of 1,244,306. The company's 50 day moving average price is $9.20 and its 200-day moving average price is $9.92. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 1.78. Expro Group Holdings N.V. has a 1 year low of $6.70 and a 1 year high of $21.57. The firm has a market capitalization of $1.19 billion, a P/E ratio of 16.87 and a beta of 1.20.

Expro Group (NYSE:XPRO - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.12 by $0.04. The business had revenue of $422.74 million during the quarter, compared to analysts' expectations of $408.04 million. Expro Group had a return on equity of 6.43% and a net margin of 4.26%. Analysts anticipate that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.

About Expro Group

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.