Expro Group Holdings (NYSE:XPRO - Get Free Report)'s share price shot up 6% during mid-day trading on Wednesday . The company traded as high as $7.31 and last traded at $7.33. 389,171 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 1,185,146 shares. The stock had previously closed at $6.91.
Wall Street Analyst Weigh In
A number of research firms recently commented on XPRO. The Goldman Sachs Group lowered their price target on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday. Barclays lowered their target price on shares of Expro Group from $17.00 to $14.00 and set an "overweight" rating on the stock in a report on Wednesday, March 5th.
Check Out Our Latest Stock Analysis on XPRO
Expro Group Stock Performance
The company has a market cap of $925.21 million, a P/E ratio of 56.79, a PEG ratio of 1.28 and a beta of 0.98. The firm's 50 day moving average is $10.91 and its two-hundred day moving average is $12.84. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09.
Institutional Investors Weigh In On Expro Group
Several institutional investors and hedge funds have recently made changes to their positions in the stock. US Bancorp DE boosted its holdings in Expro Group by 56.0% in the fourth quarter. US Bancorp DE now owns 4,171 shares of the company's stock valued at $52,000 after acquiring an additional 1,497 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Expro Group by 3.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,822 shares of the company's stock valued at $671,000 after purchasing an additional 1,989 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Expro Group during the fourth quarter worth $27,000. Rhumbline Advisers raised its stake in Expro Group by 1.6% during the fourth quarter. Rhumbline Advisers now owns 153,159 shares of the company's stock worth $1,910,000 after buying an additional 2,477 shares during the last quarter. Finally, KBC Group NV lifted its holdings in Expro Group by 75.3% in the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock valued at $74,000 after buying an additional 2,563 shares during the period. Institutional investors and hedge funds own 92.07% of the company's stock.
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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