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Expro Group (NYSE:XPRO) Reaches New 52-Week Low - What's Next?

Expro Group logo with Energy background
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Expro Group Holdings (NYSE:XPRO - Get Free Report) reached a new 52-week low on Monday . The company traded as low as $9.70 and last traded at $9.82, with a volume of 30705 shares trading hands. The stock had previously closed at $10.10.

Wall Street Analyst Weigh In

XPRO has been the subject of a number of analyst reports. Barclays cut their price target on shares of Expro Group from $17.00 to $14.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th. The Goldman Sachs Group initiated coverage on Expro Group in a research report on Friday, December 13th. They set a "neutral" rating and a $18.00 target price for the company.

View Our Latest Stock Analysis on XPRO

Expro Group Stock Down 12.1 %

The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 62.83, a PEG ratio of 1.28 and a beta of 1.12. The business's 50-day moving average is $11.87 and its 200-day moving average is $13.46. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. T. Rowe Price Investment Management Inc. raised its position 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 valued at $138,736,000 after purchasing an additional 2,426,258 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Expro Group by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company's stock valued at $127,646,000 after buying an additional 260,914 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Expro Group by 18.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company's stock valued at $59,283,000 after buying an additional 728,836 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Expro Group by 11.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,376,250 shares of the company's stock valued at $54,573,000 after buying an additional 436,411 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Expro Group by 32.3% during 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 in the last quarter. 92.07% of the stock is owned by institutional investors and hedge funds.

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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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