Assenagon Asset Management S.A. purchased a new stake in Expro Group Holdings (NYSE:XPRO - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 59,484 shares of the company's stock, valued at approximately $947,000. Assenagon Asset Management S.A. owned about 0.05% of Expro Group as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of XPRO. Capricorn Fund Managers Ltd acquired a new stake in shares of Expro Group during the 4th quarter worth $159,000. Essex Investment Management Co. LLC acquired a new stake in Expro Group in the 3rd quarter valued at $2,050,000. Invesco Ltd. increased its holdings in Expro Group by 92.8% in the 3rd quarter. Invesco Ltd. now owns 380,932 shares of the company's stock valued at $8,849,000 after purchasing an additional 183,312 shares in the last quarter. Seven Eight Capital LP acquired a new stake in Expro Group in the 3rd quarter valued at $223,000. Finally, TimesSquare Capital Management LLC acquired a new stake in Expro Group in the 3rd quarter valued at $15,125,000. 92.07% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Barclays increased their price target on Expro Group from $17.00 to $18.00 and gave the company an "equal weight" rating in a report on Thursday, February 29th.
Check Out Our Latest Analysis on Expro Group
Expro Group Stock Performance
NYSE XPRO traded up $0.03 during trading hours on Friday, reaching $19.80. The company's stock had a trading volume of 564,478 shares, compared to its average volume of 818,894. The company has a current ratio of 1.74, a quick ratio of 1.45 and a debt-to-equity ratio of 0.03. The business has a 50-day simple moving average of $18.63 and a 200 day simple moving average of $17.96. Expro Group Holdings has a 52 week low of $14.33 and a 52 week high of $25.04. The stock has a market cap of $2.18 billion, a PE ratio of -90.00 and a beta of 0.91.
Expro Group (NYSE:XPRO - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.07). Expro Group had a negative net margin of 1.54% and a negative return on equity of 0.09%. The firm had revenue of $406.75 million during the quarter, compared to analyst estimates of $382.91 million. During the same quarter in the previous year, the business posted $0.12 EPS. Expro Group's revenue for the quarter was up 15.9% compared to the same quarter last year. Equities research analysts predict that Expro Group Holdings will post 0.79 earnings per share for the current fiscal year.
Expro Group Company Profile
(
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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