Voloridge Investment Management LLC Buys New Position in Expro Group Holdings (NYSE:XPRO)

Voloridge Investment Management LLC acquired a new stake in shares of Expro Group Holdings (NYSE:XPRO - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 205,544 shares of the company's stock, valued at approximately $2,563,000. Voloridge Investment Management LLC owned about 0.17% of Expro Group as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. T. Rowe Price Investment Management Inc. boosted its stake in Expro Group by 27.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,125,506 shares of the company's stock worth $138,736,000 after buying an additional 2,426,258 shares during the last quarter. Vanguard Group Inc. boosted its stake in Expro Group by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company's stock worth $127,646,000 after buying an additional 260,914 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Expro Group by 18.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company's stock worth $59,283,000 after buying an additional 728,836 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Expro Group by 11.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,376,250 shares of the company's stock worth $54,573,000 after buying an additional 436,411 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Expro Group by 32.3% in the 4th quarter. American Century Companies Inc. now owns 4,206,985 shares of the company's stock worth $52,461,000 after buying an additional 1,027,825 shares during the last quarter. Institutional investors and hedge funds own 92.07% of the company's stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Wells Fargo & Company initiated coverage on Expro Group in a research note on Tuesday. They issued an "overweight" rating and a $12.00 price target on the stock. Barclays cut 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 cut 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.

Expro Group Trading Up 2.3%

Shares of Expro Group stock traded up $0.19 during trading hours on Thursday, reaching $8.63. The stock had a trading volume of 1,120,178 shares, compared to its average volume of 1,229,240. The firm has a 50 day simple moving average of $8.48 and a two-hundred day simple moving average of $11.19. The firm has a market capitalization of $995.94 million, a price-to-earnings ratio of 61.65, a P/E/G ratio of 1.28 and a beta of 1.17. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a 1 year low of $6.70 and a 1 year high of $24.50.

Expro Group Company Profile

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.