Expro Group Holdings (NYSE:XPRO - Get Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $13.60 and last traded at $13.68, with a volume of 290961 shares traded. The stock had previously closed at $15.35.
Analysts Set New Price Targets
Separately, Barclays upped their price target on shares of Expro Group from $27.00 to $28.00 and gave the company an "overweight" rating in a research report on Wednesday, July 31st.
Check Out Our Latest Research Report on Expro Group
Expro Group Stock Performance
The company has a quick ratio of 1.56, a current ratio of 1.90 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.55 billion, a P/E ratio of -77.78, a price-to-earnings-growth ratio of 1.83 and a beta of 0.96. The firm's 50-day moving average is $18.12 and its two-hundred day moving average is $20.15.
Expro Group (NYSE:XPRO - Get Free Report) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.02). Expro Group had a negative net margin of 0.84% and a positive return on equity of 1.43%. The company had revenue of $469.64 million during the quarter, compared to the consensus estimate of $419.20 million. As a group, research analysts expect that Expro Group Holdings will post 0.77 EPS for the current year.
Institutional Investors Weigh In On Expro Group
Hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in shares of Expro Group by 58.0% during the 1st quarter. GAMMA Investing LLC now owns 1,452 shares of the company's stock worth $29,000 after acquiring an additional 533 shares during the period. Jennison Associates LLC boosted its holdings in Expro Group by 129.3% during the first quarter. Jennison Associates LLC now owns 822,249 shares of the company's stock valued at $16,420,000 after purchasing an additional 463,584 shares in the last quarter. Essex Investment Management Co. LLC grew its stake in shares of Expro Group by 1.9% in the 1st quarter. Essex Investment Management Co. LLC now owns 88,193 shares of the company's stock valued at $1,761,000 after purchasing an additional 1,654 shares during the period. Oxbow Advisors LLC raised its holdings in shares of Expro Group by 41.5% in the 1st quarter. Oxbow Advisors LLC now owns 34,197 shares of the company's stock worth $683,000 after buying an additional 10,031 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Expro Group during the 1st quarter worth approximately $141,000. Institutional investors 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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