For the readers interested in the stock health of Superior Drilling Products Inc. (SDPI). It is currently valued at $1.13. When the transactions were called off in the previous session, Stock hit the highs of $0.81, after setting-off with the price of $0.79. Company’s stock value dipped to $0.77 during the trading on the day. When the trading was stopped its value was $0.79.
Recently in News on May 12, 2021, Superior Drilling Products, Inc. Revenue Increased 57% Sequentially to $2.4 million in First Quarter 2021. First quarter revenue grew $0.9 million to $2.4 million over trailing fourth quarter as market steadily improves. You can read further details here
Superior Drilling Products Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.4400 on 02/16/21, with the lowest value was $0.5600 for the same time period, recorded on 01/04/21.
Superior Drilling Products Inc. (SDPI) full year performance was 9.42%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Superior Drilling Products Inc. shares are logging -21.79% during the 52-week period from high price, and 248.56% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.32 and $1.44.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 2965410 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Superior Drilling Products Inc. (SDPI) recorded performance in the market was 30.64%, having the revenues showcasing -28.18% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 20.04M, as it employees total of 41 workers.
Analysts verdict on Superior Drilling Products Inc. (SDPI)
During the last month, 0 analysts gave the Superior Drilling Products Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.8735, with a change in the price was noted +0.4800. In a similar fashion, Superior Drilling Products Inc. posted a movement of +96.00% for the period of last 100 days, recording 937,987 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SDPI is recording 1.69 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.33.
Superior Drilling Products Inc. (SDPI): Technical Analysis
Raw Stochastic average of Superior Drilling Products Inc. in the period of last 50 days is set at 69.62%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 87.30%. In the last 20 days, the company’s Stochastic %K was 58.00% and its Stochastic %D was recorded 50.21%.
Let’s take a glance in the erstwhile performances of Superior Drilling Products Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 30.64%. Additionally, trading for the stock in the period of the last six months notably improved by 83.68%, alongside a boost of 9.42% for the period of the last 12 months. The shares increased approximately by -9.56% in the 7-day charts and went down by -7.60% in the period of the last 30 days. Common stock shares were lifted by -28.18% during last recorded quarter.