Superior Drilling Products, Inc. (NASDAQ:SDPI) dropped 2.1% on Friday . The company traded as low as $0.84 and last traded at $0.84, approximately 4,992 shares changed hands during trading. A decline of 96% from the average daily volume of 116,283 shares. The stock had previously closed at $0.86.
Separately, Dougherty & Co restated a “buy” rating on shares of Superior Drilling Products in a research note on Wednesday, May 22nd.
The business has a 50 day simple moving average of $0.94 and a two-hundred day simple moving average of $1.16.
Superior Drilling Products (NASDAQ:SDPI) last issued its quarterly earnings data on Wednesday, July 31st. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The business had revenue of $4.54 million during the quarter, compared to analysts’ expectations of $5.30 million.
Superior Drilling Products Company Profile (NASDAQ:SDPI)
Superior Drilling Products, Inc, a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States and internationally. It is involved in the design and manufacture of new drill bit and horizontal drill string enhancement tools; and the refurbishment of polycrystalline diamond compact drill bits for the oil, natural gas, and mining service industries.
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