logo

[breadcrumb_custom]

Superior Drilling Products Inc (SDPI) Stock: Uncovering 52-Week Market Trends

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Superior Drilling Products Inc’s current trading price is -54.75% away from its 52-week high, while its distance from the 52-week low is 72.41%. The stock’s price range during this period has varied between $0.58 and $2.21. The company, active in the Energy sector, saw a trading volume of around 0.71 million for the day, considerably higher average daily volume of 87920.0 observed over the last three months.

Superior Drilling Products Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $2.21 on 07/24/23, and the lowest price during that time was $0.58, recorded on 11/09/23.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

How Financial Performance Impacts Market Capitalization

Superior Drilling Products Inc (SDPI) has experienced a quarterly rise of 40.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.39M and boasts a workforce of 75 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7547, with a change in price of +0.2200. Similarly, Superior Drilling Products Inc recorded 84,561 in trading volume during the last 100 days, posting a change of +28.21%.

How SDPI’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SDPI stands at 0.40. Similarly, the long-term debt-to-equity ratio is also 0.35.

SDPI Stock Stochastic Average

As of today, the raw stochastic average of Superior Drilling Products Inc over the last 50 days is at 93.92%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 93.79%. Further, the company’s Stochastic %K and %D values for the last 20 days were 89.48% and 86.63%, respectively.

SDPI Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 40.06% this year. Over the last six months, there has been a weaker performance of 25.02%. The price of SDPI fallen by 40.83% during the last 30 days period. For the last 5-days stocks have improved 11.11%.

On Key

Related Posts